Spartan Capital Securities, LLC has successfully closed a $10 million preferred equity offering for Focus Universal Inc. The offering, completed on October 23, 2025, includes a $7 million round led by Spartan Capital Securities, providing Focus with resources to advance its Universal Smart IoT platform and AI-driven SEC financial reporting software. Spartan Capital Securities served as the lead placement agent, with Lucosky Brookman LLP as counsel. The securities sold in this private placement were not registered and may only be offered or sold in the U.S. under an exemption. For more information, visit www.sec.gov.

Read more at GlobeNewswire: Spartan Capital Securities, LLC Serves as Lead Placement