MarketPR
A 26-fold expansion in Universal Safety Products' authorized common share count is now filed with Maryland regulators, with effectiveness conditional on state acceptance.
The Owings Mills company (NYSE American: UUU) submitted articles of amendment to the Maryland State Department of Assessments and Taxation on August 7, 2026, lifting the authorized ceiling from 20,000,000 to 525,000,000 shares of $0.01 par value common stock.
The same filing removed the charter's super-majority voting threshold for future amendments, replacing it with a simple majority standard.
The share count mechanics The arithmetic is clean: 20 million authorized shares becomes 525 million, a 26.25x increase at the same $0.01 par value.
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