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home / news releases / TEL - Focus Universal Tries For $10 Million U.S. IPO

TEL - Focus Universal Tries For $10 Million U.S. IPO

TE Connectivity Ltd. New Switzerland Registered Shares

Quick Take

Focus Universal (OTCQB:FCUV) has filed to raise gross proceeds of $10 million from a U.S. IPO, according to an S-1/A registration statement.

The firm operates as a universal smart device developer and manufacturer.

FCUV is still in R&D phase for an all-in-one Internet of Things device, and has no meaningful financial results to-date, so I'll be watching this IPO from the sidelines.

Company & Technology

Los Angeles, California-based Focus Universal was founded in 2014 to develop the Ubiquitor universal smart device.

Management is headed by Founder, CEO, and Director Desheng

Read more ...
Stock Information
Company Name: TE Connectivity Ltd. New Switzerland Registered Shares
Stock Symbol: TEL
Market: NYSE
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