On August 7, 2026, Universal Safety Products, Inc., a Maryland corporation (the "Company") filed articles of amendment (the "Articles of Amendment") to its Articles of Incorporation (the "Articles of Incorporation"), with the Maryland State Department of Assessments and Taxation (the "SDAT"), to (i) effectuate an increase to the number of authorized shares of its common stock, par value $0.01, to 525,000,000 from 20,000,000 (the "Authorized Increase") and (ii) eliminate super-majority voting requirements (the "Super-Majority Voting Elimination"). As a result of the Super-Majority Voting Elimination, future amendments to the Articles of Incorporation will require the affirmative vote from the holders of a majority of all votes entitled to be cast on the matter.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.