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An update from Universal Security Instruments ( (UUU) ) is now available.
Universal Safety Products, Inc., a Maryland-based corporation, has entered into an employment agreement with its President and CEO, Harvey B. Grossblatt, effective October 1, 2025. The agreement, which extends his tenure through July 31, 2027, includes a base salary of $352,286 per annum and potential bonuses tied to capital raises, with a maximum total bonus of $10 million. The agreement outlines various compensation and benefits provisions in the event of termination due to reasons such as change of control, disability, or death, and includes a non-compete clause and a clawback provision.
Spark’s Take on UUU Stock
According to Spark, TipRanks’ AI Analyst, UUU is a Neutral.
Universal Security Instruments faces significant financial challenges, with negative profitability and weak cash flow generation. Despite these issues, the stock shows strong technical momentum, suggesting potential short-term trading opportunities. However, the lack of profitability and negative valuation metrics pose risks to long-term investors.
To see Spark’s full report on UUU stock, click here.
More about Universal Security Instruments
Average Trading Volume: 1,252,519
Technical Sentiment Signal: Buy
Current Market Cap: $11.06M
Learn more about UUU stock on TipRanks’ Stock Analysis page.