12/23/2025 | Press release | Distributed by Public on 12/23/2025 14:28
| Item 8.01 | Other Events. |
As previously disclosed, on June 30, 2025, Focus Universal Inc. (the "Company"), received a letter from the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market ("Nasdaq") notifying the Company that it did not comply Nasdaq Continued Listing Rule 5550(b) because the Company's market value of listed securities had fallen below $35,000,000, and the Company also did not meet the minimum $2,500,000 in stockholders' equity or $500,000 of net income from continuing operations.
On December 22, 2025, the Company received a conditional compliance letter from the Staff notifying the Company that based on its Form 8-K filed with the Securities and Exchange Commission on December 17, 2025, which the Company discloses its belief of meeting the requirement of maintaining the minimum $2,500,000 in stockholders' equity, the Staff has determined that the Company complies with Nasdaq Continued Listing Rule 5550(b)(1). However, the Staff provides that if the Company fails to provide evidence of compliance upon filing its next periodic report, the Company may be subject to delisting.
The Company's common stock will continue to be listed and traded on the Nasdaq Capital Market, subject to the Company's compliance with the other continued listing requirements of the Nasdaq Capital Market.