Focus Universal Inc. Files Definitive Proxy Statement

TL;DR

Focus Universal Inc. filed its DEF 14A proxy statement on Oct 1, 2024. Standard shareholder voting info.

AI Summary

Focus Universal Inc. filed a Definitive Proxy Statement (DEF 14A) on October 1, 2024, for its fiscal year ending December 31. The company, incorporated in Nevada, is involved in industrial instruments for measurement, display, and control. The filing is related to the company's proxy solicitation for its annual meeting.

Why It Matters

This filing is a standard regulatory requirement for public companies, providing shareholders with information necessary to vote on company matters at their annual meeting.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new financial information or strategic announcements that would typically impact risk.

Key Numbers

• 20241129 — Fiscal Year End (The filing pertains to the fiscal year ending on this date.)
• 20241001 — Filing Date (The Definitive Proxy Statement was filed on this date.)

Key Players & Entities

• FOCUS UNIVERSAL INC. (company) — Registrant
• 0001590418 (company) — Central Index Key
• 3823 (company) — Standard Industrial Classification Code
• NV (company) — State of Incorporation
• 2311 EAST LOCUST STREET (company) — Business Address
• ONTARIO (company) — City
• CA (company) — State
• 91761 (company) — ZIP Code
• 917-830-6517 (company) — Business Phone

FAQ

Key Financial Figures

• $0.001 — authorized shares of our common stock, $0.001 par value per share, from 75,000,000 sh
• $200 million — a Nasdaq IPO in November 2017, and over $200 million in debt and equity fundraising. He prev

Filing Documents

• focus_def14a.htm (DEF 14A) — 251KB
• image_004.jpg (GRAPHIC) — 77KB
• image_005.jpg (GRAPHIC) — 61KB
• 0001683168-24-006796.txt ( ) — 441KB

From the Filing

DEF 14A 1 focus_def14a.htm DEFINITIVE PROXY STATEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN A PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e) (2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under § 240.14a-12 FOCUS UNIVERSAL INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule of Registration Statement No.: (3) Filing Party: (4) Date Filed: FOCUS UNIVERSAL INC. 2311 East Locust Court Ontario, CA 91761 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD NOVEMBER 29, 2024 Dear Focus Universal Shareholders, The 2024 Annual Meeting of Shareholders (the “Annual Meeting”) of Focus Universal Inc. (the “Company”) will be held at the Company’s headquarters located at 2311 East Locust Court, Ontario, California 91761 on Friday, November 29, 2024 at 2:00 p.m., Pacific Daylight Time, to consider and act upon the following matters: 1. To elect five (5) members to the Board of Directors of the Company to serve until the 2025 Annual Meeting of Shareholders; 2. To ratify the selection of Weinberg & Company, P.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023; 3. To approve, subject to the Board of Directors’ discretion to adopt, an amendment to our Articles of Incorporation to increase the number of authorized shares of our common stock, $0.001 par value per share, from 75,000,000 shares to 150,000,000 shares; and such other business as may properly come before the meeting or any adjournment thereof. The Board of Directors of the Company has fixed the close of business on October 2, 2024, as the record date (the “Record Date”) for determining shareholders entitled to notice of and to vote at the Annual Meeting. YOUR VOTE IS VERY IMPORTANT. YOU MAY VOTE BY MAIL, THROUGH THE INTERNET, BY TELEPHONE OR BY ATTENDING THE ANNUAL MEETING AND VOTING BY BALLOT, ALL AS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT. The accompanying proxy statement provides a detailed description of the Proposals. We urge you to read the accompanying proxy statement, including the annex, carefully and in their entirety. If you have any questions concerning the Proposals or the accompanying proxy statement of which this notice forms a part, would like additional copies of the accompanying proxy statement, please contact Secretary, Focus Universal Inc., (626) 272-3883. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON NOVEMBER 29, 2024 . This Notice of Annual Meeting of Shareholders, the Proxy Statement, and our Form 10-K are available at http://www.proxyvote.com. The Company intends to mail the Notice of Annual Meeting and accompanying Proxy Statement to shareholders on or about the Record Date. Whether or not you plan to attend the Annual Meeting, please sign, date and return the enclosed proxy card in the prepaid envelope provided, as soon as possible, so your shares can be voted at the meeting in accordance with your instructions. If you prefer, you may instead vote electronically through the internet or by telephone. The instructions on your proxy card describe how to use these convenient services. Your vote is important no matter how many shares you own. If you plan to attend the Annual Meeting and wish to vote your shares personally, you may do so at any time before your proxy is voted. The Company asks that shareholders planning to attend the Annual Meeting notify the Company at least 48 hours in advance of the meeting

View Full Filing

View this DEF 14A filing on SEC EDGAR