Universal Safety Products Inc. has announced the issuance of 405,000 shares of its common stock following the conversion of $1,503,424.80 in principal and accrued interest under a convertible note. The shares were sold as an unregistered offering, relying on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933. As of February 3, 2026, the company reported a total of 2,717,887 shares of common stock outstanding.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Safety Products Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-011560), on February 06, 2026, and is solely responsible for the information contained therein.