Business Context and Reporting Period
Company: Focus Universal Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 30, 2025
Reporting Period: Event date June 30, 2025; Signed July 3, 2025
Business Context: The Company is a Nevada corporation with its principal executive offices in Ontario, California. Its common stock trades on the Nasdaq Capital Market under the symbol "FCUV."
Key Financial Metrics
This filing does not contain standard financial statements (revenue, profit, cash flow, margins, debt, or liquidity). The only financial metric disclosed is the Market Value of Listed Securities (MVLS), which has fallen below the required threshold of $35,000,000.
Material Changes
- Listing Deficiency: On June 30, 2025, the Company received notification from Nasdaq that it no longer satisfies Listing Rule 5550(b)(2) due to the MVLS dropping below $35,000,000.
- Compliance Period: The Company has been granted an initial 180-day compliance period, ending on December 29, 2025, to regain compliance.
- Current Status: The notification has no immediate effect on the listing; the stock will continue to trade on Nasdaq during the compliance period.
Outlook, Risks, and Management Commentary
- Management Action: The Company is currently evaluating available options to resolve the deficiency and regain compliance.
- Compliance Requirement: To close the matter before the deadline, the MVLS must close at $35,000,000 or more for a minimum of ten consecutive business days.
- Risk of Delisting: If the Company fails to regain compliance by December 29, 2025, it will receive notification that its securities are subject to delisting.
Investor Verification Checklist
- Verify the current Market Value of Listed Securities (MVLS) to assess proximity to the $35,000,000 threshold.
- Monitor the Company's stock price for ten consecutive business days to determine if the compliance condition is met.
- Review future filings for specific plans or capital actions the Company intends to take to increase market value.
- Confirm the Company's continued adherence to other Nasdaq continued listing requirements during the compliance period.