Form 8-K
8-K — UNIVERSAL SAFETY PRODUCTS, INC.
Accession: 0001104659-26-063859
Filed: 2026-05-19
Period: 2026-05-19
CIK: 0000102109
SIC: 5065 (WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC)
Item: Unregistered Sales of Equity Securities
Item: Financial Statements and Exhibits
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report
(Date of earliest event reported): May 19, 2026
UNIVERSAL SAFETY PRODUCTS, INC.
(Exact name of
registrant as specified in its charter)
Maryland
001-31747
52-0898545
(State or other jurisdiction of
incorporation
or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
11407
Cronhill Drive, Suite A,
Owings Mills, Maryland
21117
(Address of principal executive offices) (Zip Code)
(410)
363-3000
(Registrant’s telephone
number, including area code)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock, $0.01 par value
UUU
NYSE
American
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 3.02 Unregistered Sales of Equity Securities.
On
March 11, 2026, Universal Safety Products, Inc. (the “Company”) issued 125,000 shares of its common
stock, par value $0.01 per share (the “Common Stock”) upon conversion of $470,720 of principal and accrued interest
under a convertible note issued on September 25, 2025 (the “Convertible Note”). On May 15, 2026, the Company issued
185,575 shares of Common Stock upon conversion of $886,872.70 of principal and accrued interest
under the Convertible Note. The Convertible Note has been fully converted and is no longer outstanding. The shares of Common Stock were
offered and sold in reliance upon an exemption from the registration requirements under Section 4(a)(2) under the Securities Act of 1933,
as amended.
As of May 15, 2026, after the issuances described
above, the Company had 3,028,362 shares of Common Stock outstanding.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No.
Description
101
Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).
104
Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNIVERSAL SAFETY PRODUCTS, INC.
Dated: May 19, 2026
/s/ Harvey B. Grossblatt
Harvey B. Grossblatt
President and Chief Executive Officer
3
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Entity File Number
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Entity Registrant Name
UNIVERSAL SAFETY PRODUCTS, INC.
Entity Central Index Key
0000102109
Entity Tax Identification Number
52-0898545
Entity Incorporation, State or Country Code
MD
Entity Address, Address Line One
11407
Cronhill Drive
Entity Address, Address Line Two
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