Focus Unvl Inc Stock Price, News & Analysis

Focus Universal (NASDAQ:FCUV) has initiated production of its Universal Smart Internet of Things (IoT) platform by partnering with Shenzhen Donghui Precision Mold Manufacturing for mold tooling design. The company's innovative platform provides a 90% pre-built foundation for IoT development, significantly reducing costs and complexity.

Focus' Universal Smart Software Platform eliminates the need for multiple device-specific applications, while their Ubiquitor product can connect to unlimited sensors at minimal incremental cost. The company aims to address the high failure rate of IoT projects, citing that 75% of IoT projects fail according to Cisco. The IoT market is projected to grow from $0.54 trillion in 2022 to $3.30 trillion by 2030, with a CAGR of 26.1%.

Focus Universal (NASDAQ:FCUV) announced its participation in the Centri Capital Conference 2025 on April 22, 2025, at Nasdaq in New York City. The company will showcase its innovative technologies, including the Ubiquitor universal smart device and SEC Financial Reporting AI-Driven Automation Software.

The Ubiquitor can connect to unlimited sensors while maintaining cost-effectiveness, with expenses approaching just the sensor costs when used at scale. The company's universal smart platform eliminates 90% of redundant IoT hardware and software design, significantly reducing development costs and simplifying the design process.

CEO Dr. Desheng Wang highlighted that their SEC Financial Reporting software operates 1,000 times faster than traditional methods. The company's solutions are service-oriented and unaffected by new tariffs. This announcement comes as the IoT market, valued at $540 Billion in 2022, is projected to reach $3.30 Trillion by 2030, growing at a CAGR of 26.1%.

Focus Universal (NASDAQ:FCUV) has regained compliance with Nasdaq's minimum bid price requirement after maintaining a closing bid price of $1.00 or higher for 13 consecutive business days from January 31 to February 19, 2025. The company, which specializes in IoT hardware/software technologies and SEC financial reporting automation, has successfully resolved this listing requirement issue.

The company's CEO, Dr. Desheng Wang, highlighted their universal smart instrumentation platform, which provides IoT engineers with 90% of foundational work completed. Additionally, their AI-driven SEC financial reporting software can automatically generate consolidated financial statements and SEC reports in various formats, potentially reducing workload from 2,000 person-days to 20 minutes.

Focus Universal showcased these technologies at CES 2025 and has announced plans to spin off their SEC financial reporting software subsidiary through an IPO.

Focus Universal (Nasdaq: FCUV), an IoT and 5G technology provider, has announced a 1-for-10 reverse stock split of its common stock, effective January 31, 2025. The split was approved by the board of directors on August 7, 2024.

Following the split, every 10 shares of issued and outstanding common stock will be combined into one share. The company will continue trading under the symbol 'FCUV' on Nasdaq but with a new CUSIP Number (34417J 203). The par value per share will remain unchanged.

Proportional adjustments will be made to equity awards, securities, warrants, and shares reserved for equity incentive plans. VStock Transfer, will serve as the exchange agent. Stockholders holding shares electronically or in brokerage accounts will have their positions automatically adjusted.

Focus Universal Inc. (NASDAQ:FCUV) announced its participation at CES 2025, where it will showcase its universal smart device Ubiquitor and universal smart IoT platform. The Ubiquitor can connect to unlimited sensors at a cost approaching that of sensors alone. The company's universal smart platform allows engineers to start IoT projects with 90% of the foundation complete, significantly reducing development costs and simplifying design processes.

The company's universal smart App eliminates the need for multiple IoT-specific apps, streamlining development. Focus Universal's SEC Financial Reporting software claims to be 1,000 times faster than traditional manual methods. The presentation will take place at booth 9877 in the North Hall Showcase of the Las Vegas Convention Center, January 7-10, 2025.

Focus Universal (NASDAQ:FCUV) has appointed Professor Shivaram Rajgopal to its Advisory Board. Prof. Rajgopal, currently serving as the Roy Bernard Kester and T.W. Byrnes Professor at Columbia Business School, brings extensive expertise in accounting, financial reporting, and auditing. The appointment aims to strengthen the company's AI-driven SEC Financial Reporting Automation Software development. The company operates in the financial reporting software market, valued at $13.9 Billion in 2022 and projected to reach $36.6 Billion by 2030, growing at a 12.8% CAGR from 2024 to 2030.

Focus Universal Inc. (NASDAQ:FCUV) announced its approval to transfer from the Nasdaq Global Market to the Nasdaq Capital Market, effective September 23, 2024. The company's shares will continue trading under the ticker symbol "FCUV". Nasdaq granted Focus Universal an additional 180-day period to regain compliance with the minimum bid price requirement of $1.00 per share for at least ten consecutive business days.

CEO Desheng Wang highlighted the company's recent success in raising approximately $2.49 million in direct investment. The funds will be used to develop and launch a new software product platform under Lusher Inc. Wang also emphasized the company's advanced SEC financial reporting automation technology, which operates 1000 times faster than traditional manual methods, noting its large market potential and enthusiastic support from viewers.

Focus Universal Inc. (NASDAQ:FCUV), an IoT and 5G technology provider, has announced a $1.2 million registered direct offering. The company will sell 3,750,000 shares of common stock at $0.32 per share to a single institutional investor. The offering is expected to close on September 17, 2024, subject to customary conditions. Univest Securities is acting as the placement agent, and Corporate Securities Legal LLP is serving as legal counsel. Proceeds will partly fund the development and launch of a new software product platform under Lusher Inc. The offering is made pursuant to an effective S-3 registration statement filed with the SEC.

Focus Universal Inc. (NASDAQ:FCUV), a provider of patented hardware and software design technologies for IoT and 5G, has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference from September 9-11, 2024, in New York City. The company invites investors to arrange 1x1 meetings during the conference through H.C. Wainwright representatives.

For investors unable to attend the conference, Focus Universal is offering meeting opportunities in NYC from September 5-11. The company is eager to showcase its advanced SEC financial reporting automation technology, which operates 1,000 times faster than traditional manual methods. Interested parties can contact Skyline Corporate Communications Group or Focus Universal directly to schedule meetings.