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Focus Universal Priced, Nasdaq: FCUV

Developing smart sensors and devices for the home and other areas.

Industry: Technology

Latest Trade: $0.24 -0.01 (-2.7%)

First Day Return: +2.0%

Return from IPO: -92.5%

Industry: Technology

Focus Universal is a Nevada corporation. Our Universal smart technology is designed to overcome instrumentation interoperability and interchangeability. The electronic design starts from a 90% completed common foundation we call our universal smart instrumentation platform, instead of the current method of building each stand-alone instrument from scratch. Our method eliminates redundant hardware and software and results in significant cost savings and production efficiency. We have developed software machine auto generation technology to replace the manual software designs which are currently in use and cannot satisfy the exponential growth of future IoT industry demand. Our ultra-narrowband PLC enables our users to send data over existing electricity power cables and immediately establish a ubiquitous data network without substantial new investment for a dedicated wiring infrastructure. Our ultra-narrow band technology is capable of overcoming the noise problems communicating through power lines that have hindered our competitors for over a century. Our wireless communication technology allows for longer-range coverage, is more energy effective and has much faster data sending speeds than the current 5G technology speeds being used. We also provide sensor devices and are a wholesaler of various air filters and digital, analog, and quantum light meter systems.
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IPO Data
IPO File Date 02/12/2021
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 2.0
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/30/2021
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 2.0
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Boustead Securities
Company Data
Headquarters Ontario, CA, United States
Founded 2012
Employees 22
Website www.focusuniversal.com

Focus Universal (FCUV) Performance