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An update from Focus Universal ( (FCUV) ) is now available.
Focus Universal Inc., a tech company specializing in IoT and 5G, has announced its approved transfer from the Nasdaq Global Market to the Nasdaq Capital Market as of September 23, 2024. This move comes after the company did not meet the Nasdaq Listing Rule’s minimum bid price requirement. Nasdaq has granted Focus Universal an additional 180 days to comply with this rule. The company’s CEO expressed optimism about the company’s growth and the recent $2.49 million investment to fund a new software platform. Focus Universal will continue trading under the ticker symbol “FCUV” on the Nasdaq Capital Market during this compliance extension period.
For detailed information about FCUV stock, go to TipRanks’ Stock Analysis page.