Focus Universal (NASDAQ: FCUV) has entered into definitive agreements with institutional investors for a private placement expected to generate approximately $4.0 million in gross proceeds through the sale of common stock, pre-funded warrants and accompanying Series A and Series B warrants priced at $3.58 per unit. The offering, priced at-the-market under Nasdaq rules and expected to close around April 7, 2026, will support general corporate purposes and working capital, with Aegis Capital Corp. serving as exclusive placement agent.
To view the full press release, visit https://ibn.fm/Yqco1
About Focus Universal Inc.
Focus Universal Inc. is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed five disruptive patented technology platforms with 26 patents and patents pending in various phases and eight trademarks pending in various phases to solve the major problems facing hardware and software design and production within the industry today. For maintenance cost control, the company has also omnibus patents encompassing these patents into patent family groups. These technologies combined to have the potential to reduce costs, product development timelines and energy usage while increasing range, speed, efficiency, and security. Focus currently trades on the Nasdaq Markets.
For more information, Visit https://focusuniversal.com/about/
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