Focus Universal Inc. Announces a Special Stock Dividend of One Share for Every Two Shares of Stock
ONTARIO, CA and LOS ANGELES, CA / ACCESSWIRE / February 7, 2023 / Focus Universal, Inc. (NASDAQ:FCUV) ("Focus Universal" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G is pleased to announce today that its Board of Directors (the "Board") declared a special dividend of one share dividend for every two shares of Common Stock issued and outstanding resulting in a 50 percent stock dividend of the Company's outstanding common stock (the "Dividend"). There were 43,130,915 shares of the Company's common stock outstanding as of February 7, 2023. Once the stock dividend is issued, there will be 64,696,373 shares of the Company'