Universal Security Instruments INC

Market Movers (8-K)

AMEX
Universal Safety Products, Inc. held a special meeting where stockholders approved amendments to increase authorized shares and eliminate super-majority voting, while rejecting preferred and class B stock authorizations.
Capital raise
AMEX
Universal Safety Products, Inc. entered into a securities purchase agreement for up to $10.6 million in convertible notes.
Capital raise
AMEX
Universal Safety Products, Inc. announced the full conversion of its convertible note, resulting in the issuance of new common stock and a fully extinguished debt.
AMEX
Universal Safety Products, Inc. announced the results of its 2026 annual stockholders' meeting, including director elections and auditor ratification.
AMEX
Universal Safety Products, Inc. issued 405,000 common shares by converting $1.5 million in convertible notes.
Capital raise
Worse than expected
AMEX
Universal Safety Products, Inc. stockholders rejected all four management proposals, including increasing authorized shares and authorizing preferred and Class B common stock, at a reconvened special meeting.
Worse than expected
Delay expected
Capital raise

Quarterly Earnings (10-Q)

AMEX
Universal Safety Products, Inc. reported a significant net loss for the quarter and nine months ended December 31, 2025, following the sale of its smoke and carbon monoxide alarm business and the issuance of convertible debentures.
Capital raise
Worse than expected
AMEX
Universal Safety Products, Inc. reported a significant net loss for the second quarter of 2025, driven by the sale of its smoke and carbon monoxide alarm business, despite a six-month net income boost from the asset sale.
Worse than expected
Capital raise
AMEX
Universal Safety Products, Inc. reported a significant net income increase in Q1 2025, driven by a major asset sale, despite a decline in core sales.
Capital raise
Better than expected
AMEX
Universal Security Instruments reports a net loss for Q3 2024, impacted by costs related to a proposed asset sale and reduced gross profit margins.
Worse than expected
Delay expected
AMEX
Universal Security Instruments saw a significant 93.8% increase in sales for the second quarter of fiscal year 2024, primarily due to a large order from a national retail chain.
Better than expected
AMEX
Universal Security Instruments reported a net loss for the first quarter of fiscal year 2025, primarily due to supply chain disruptions affecting component availability.
Worse than expected
Delay expected

Annual Reports (10-K)

AMEX
Universal Safety Products, Inc. announced a significant increase in net income for fiscal year 2025, driven by higher sales and an income tax benefit from the sale of its smoke and carbon monoxide alarm business, while also addressing internal control weaknesses.
Delay expected
Capital raise
Better than expected
AMEX
Universal Security Instruments reported a net loss for fiscal year 2024, driven by decreased sales and increased operating expenses.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

AMEX
Milton C. Ault III, a Director and 10% owner of Universal Safety Products, Inc., reported the purchase of common stock.
AMEX
Milton C. Ault III, a director and significant shareholder of Universal Safety Products, Inc., has reported a substantial acquisition of common stock.
AMEX
Milton C. Ault III, a director and 10% owner of Universal Safety Products, Inc., reported the acquisition of 155,000 shares of common stock.
AMEX
Milton C. Ault III, a Director and 10% owner of Universal Safety Products, Inc., increased his beneficial ownership through multiple open market purchases.
AMEX
Director and 10% owner Milton C. Ault III reported open-market purchases of Universal Safety Products (UUU) stock on March 26–27, 2026 via Ault Lending, increasing indirect holdings.
AMEX
Milton C. Ault III, a Director and 10% owner, increased his indirect beneficial ownership in Universal Safety Products, Inc. through recent share purchases.

Proxy Statements (Def-14A)

AMEX
Universal Safety Products, Inc. announced its 2026 Annual Meeting of Stockholders to be held virtually on March 27, 2026, to address director elections, auditor ratification, and executive compensation votes.
Delay expected
Capital raise
AMEX
Universal Safety Products, Inc. has further adjourned its special stockholder meeting to December 16, 2025, to allow more time for voting on key proposals after insufficient votes were received.
Worse than expected
Delay expected
Capital raise
AMEX
Universal Safety Products, Inc. stockholders approved its 2025 Equity Incentive Plan, equity issuances to directors and officers, and a convertible note issuance, but adjourned votes on share structure changes to solicit more proxies.
Delay expected
Capital raise
AMEX
Universal Safety Products, Inc. calls a special meeting to approve significant capital structure changes, including a massive increase in authorized shares, new preferred and dual-class common stock, and a dilutive convertible note financing.
Worse than expected
Capital raise
AMEX
Universal Security Instruments is urging shareholders to vote in favor of proposals to sell its assets to Feit Electric Company, which could result in a liquidating cash distribution of $2.51-$2.58 per share.
AMEX
Universal Security Instruments adjourns its Special Meeting of Shareholders to April 15, 2025, to solicit additional proxies for the proposed asset sale and dissolution.
Worse than expected
Delay expected

New Public Companies (S-1)

AMEX
Universal Safety Products, Inc. has filed an S-1 registration statement to allow a selling stockholder to resell up to 10.6 million shares of common stock issuable upon conversion of convertible promissory notes.
Worse than expected
Capital raise
AMEX
Universal Safety Products, Inc. filed an S-1/A amendment to register 2.75 million common shares for resale, backed by a legal opinion confirming their validity.
Capital raise
AMEX
Universal Safety Products, Inc. filed an S-1 registration statement for the resale of up to 2,750,000 shares of common stock issuable upon conversion of convertible promissory notes totaling $2.75 million, with no proceeds going to the company from the resale.
Capital raise
Worse than expected

Schedule 13D - Activist Investments

AMEX
An amendment to a Schedule 13D filing details a voting agreement and put right related to Universal Safety Products, Inc. common stock.
AMEX
Universal Safety Products, Inc. files an amendment detailing significant share transactions and adjustments to a stock purchase agreement.
Delay expected
AMEX
Amendment No. 16 to Schedule 13D details adjustments in share ownership and transactions for Universal Safety Products, Inc., primarily involving Ault Lending, LLC.
Delay expected
AMEX
Universal Safety Products, Inc. reports significant share transactions and a new stock purchase agreement involving key entities and individuals, impacting beneficial ownership.
AMEX
An amendment to a Schedule 13D filing reveals significant transactions and updated beneficial ownership for Universal Safety Products, Inc. by various entities and individuals.
Capital raise
AMEX
Milton C. Ault III and associated entities have increased their beneficial ownership in Universal Safety Products, Inc. to 26.4%.

Schedule 13G - Passive Investments

AMEX
Investor David E. Lazar has filed a Schedule 13G reporting a 9.9% beneficial ownership stake in Universal Safety Products, Inc.
AMEX
Investment adviser David E. Lazar has reported a 6.76% beneficial ownership stake in Universal Safety Products, Inc. common stock.
AMEX
Poplar Point Capital Management and its affiliates no longer beneficially own a reportable stake in Universal Safety Products, Inc.
Worse than expected
AMEX
Poplar Point Capital Management LLC and its affiliates have disclosed a beneficial ownership of 5.3% in Universal Security Instruments, Inc., holding 122,564 shares of common stock.