Focus Universal shares surge 13.92% premarket after regaining Nasdaq compliance via $10M offering.

Focus Universal Inc. surged 13.92% in premarket trading after announcing it has regained compliance with Nasdaq Listing Rule 5550(b)(1) following a $10 million preferred equity offering that generated $9.44 million in net proceeds. The company confirmed it now meets the minimum $2.5 million stockholders’ equity requirement, resolving prior non-compliance with Nasdaq’s market value and equity standards. CEO Dr. Desheng Wang highlighted the capital raise as a pivotal step in strengthening the balance sheet and enabling long-term growth, with proceeds earmarked for scaling its Universal Smart IoT platform and AI-driven SEC reporting software. The Nasdaq compliance announcement, coupled with the successful fundraising, alleviated delisting risks and signaled improved financial stability, directly driving the sharp premarket rally.