Filing Details

Accession Number:
0001683168-20-000406
Form Type:
5/A
Zero Holdings:
No
Publication Time:
2020-02-07 20:01:08
Reporting Period:
2015-12-31
Accepted Time:
2020-02-07 20:01:08
Original Submission Date:
2019-09-12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1590418 Focus Universal Inc. FCUV () 5/A
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1163791 Desheng Wang C/o Focus Universal Inc.
2311 East Locust Street
Ontario CA 91761
Ceo And Secretary Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-03-31 200 $1.99 2,710,200 No 4 P Direct
Common Stock Acquisiton 2015-03-31 400 $2.00 2,710,600 No 4 P Direct
Common Stock Acquisiton 2015-03-31 200 $2.00 2,710,800 No 4 P Direct
Common Stock Acquisiton 2015-06-12 100 $2.75 2,710,900 No 4 P Direct
Common Stock Acquisiton 2015-06-12 200 $2.00 2,711,100 No 4 P Direct
Common Stock Acquisiton 2015-12-30 14,290,000 $0.01 17,001,100 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 J Direct
Footnotes
  1. On December 30, 2015, Focus Universal Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with FCUV Acquisition Corp., a wholly owned subsidiary of the Company, and Perfecular Inc. Pursuant to the terms of the Merger Agreement, each share of Perfecular Inc. common stock held by the Reporting Person was cancelled and converted into the right to receive common stock of the Company in a 47.6333 to one exchange.
  2. Pursuant to the terms of the Merger Agreement, each share of Perfecular Inc. common stock held by the Reporting Person was cancelled and converted into the right to receive common stock of the Company in a 47.6333 to one exchange. Accordingly, the Reporting Person received 14,290,000 shares of the Company's common stock in exchange for his 300,000 shares of Perfecular Inc. common stock.
  3. The price reported in column 4 represents the cost basis for the shares of the Company's common stock issued in the exchange.