4/A: Focus Universal Inc. Director Lee Acquires 1,000,000 Shares
SEC Form 4/A
Director Edward Shihai Lee of Focus Universal Inc. reports acquiring 1,000,000 shares of common stock at $0.30 per share on September 18, 2024.
Summary
- On September 18, 2024, Edward Shihai Lee, a director at Focus Universal Inc., acquired 1,000,000 shares of the company's common stock.
- The purchase price was $0.30 per share.
- Following the transaction, Lee directly owns 9,185,000 shares of Focus Universal Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- A director's purchase of a significant number of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure required by the SEC for significant transactions by company insiders. It provides transparency to the market regarding the actions of key individuals within the company.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of transaction: Edward Shihai Lee acquired 1,000,000 shares of common stock. |
| 09/18/2024 | Date of original filing (if amendment) |
| 09/19/2024 | Date of signature on the Form 4/A. |
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