Focus Universal Inc. (Nasdaq: FCUV), a provider of patented hardware and software design technologies for the Internet of Things (IoT) and 5G, today announced the exercise of warrants to purchase an aggregate of 279,330 common shares at an exercise price of $13.32 per share. The exercise, which was part of a private placement in April 2026, will generate gross proceeds of approximately $3.7 million. As a result, the company will issue 279,330 new common shares, bringing its total outstanding shares to 982,012.
The company intends to use the net proceeds to fund continuing development efforts for its forthcoming product lines and for other working capital and general corporate purposes. This capital infusion comes at a critical time as Focus Universal seeks to commercialize its suite of patented technologies, which aim to reduce costs, development timelines, and energy usage while increasing range, speed, efficiency, and security.
Focus Universal has developed five disruptive patented technology platforms, with 26 patents and patents pending in various phases, and eight trademarks pending. These technologies are designed to address major problems in hardware and software design and production. The company has also consolidated its patents into omnibus patent families to manage maintenance costs effectively.
As a publicly listed company on the Nasdaq, Focus Universal is committed to innovation and long-term value creation. Through its global subsidiaries, it continues to expand into high-growth markets while delivering sustainable business solutions to customers worldwide. The company's forward-looking statements highlight its strategic objectives, including strengthening global competitiveness, diversifying revenue streams, and creating lasting value for stakeholders.
This warrant exercise demonstrates investor confidence in Focus Universal's growth prospects and provides the necessary capital to advance its product roadmap. The company's focus on IoT and 5G positions it well to capitalize on the increasing demand for connected devices and high-speed communication technologies.
The company also notes that this press release does not constitute an offer to sell or a solicitation of an offer to buy the securities, and no sale will occur in jurisdictions where such offer, solicitation, or sale would be unlawful.
For more information about Focus Universal and its technologies, visit the company's website at http://www.focusuniversal.com.
