Focus Universal completes preferred share conversions, eliminates Series A and B outstanding
PUBT · 04/14 12:58
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- Focus Universal eliminated all outstanding Series B convertible redeemable preferred shares, with remaining conversions completed April 6.
- Total Series B conversions reached 7,006 shares, or 85.1% of 8,236 previously outstanding.
- Company redeemed remaining 1,230 Series B shares April 13 at USD 782 per share.
- All 750,000 Series A preferred shares were converted in 2025, leaving zero Series A or Series B preferred shares outstanding as of today.
- Focus Universal reported pre-redemption cash of about USD 9.73 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Focus Universal Inc. published the original content used to generate this news brief on April 14, 2026, and is solely responsible for the information contained therein.
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