Universal Safety Products director Milton Ault buys $201,392 in shares

Milton C. Ault III, a director and 10% owner of Universal Safety Products, Inc. (NASDAQ:UUU), recently increased his holdings in the company through a series of open market purchases. Between August 17 and August 19, 2026, Ault acquired common stock totaling $201,392. The shares were purchased at prices ranging from $3.8294 to $5.87 per share.

The acquisitions included both direct and indirect purchases. On August 17, Ault acquired 300 shares directly and 1,200 shares indirectly through Alpha Structured Finance LP. An additional 5,000 shares were purchased indirectly through Ault Lending, LLC on the same day.

Further purchases occurred on August 18, with Ault acquiring 700 shares directly and 5,275 shares indirectly via Ault Lending, LLC. The buying spree coincided with remarkable stock performance, as shares surged 75% in the week leading up to these transactions. Despite the strong momentum, InvestingPro data suggests the stock is currently overvalued relative to its Fair Value estimate, placing it among companies on the Most Overvalued list. The final reported transactions on August 19 included 1,500 shares and 1,000 shares acquired directly by Ault, alongside 24,328 shares purchased indirectly through Ault Lending, LLC.

Mr. Ault’s indirect beneficial ownership stems from his roles as Manager of Alpha Structured Finance GP LLC and ACG Alpha Management LLC, which are the general partner and investment manager to Alpha Structured Finance LP, respectively. He is also the Executive Chairman of Hyperscale Data, Inc., the parent company of Ault Lending, LLC, giving him voting and investment power over its securities. Additionally, Mr. Ault is the Chief Executive Officer and Chairman of Ault & Company, Inc., through which he may also be deemed to beneficially own securities.

In other recent news, Universal Safety Products, Inc. has made significant changes to its corporate structure by amending its Articles of Incorporation. The company increased its authorized shares of common stock from 20,000,000 to 525,000,000 and eliminated super-majority voting requirements for future amendments. These changes were approved by a super-majority vote of stockholders at a Special Meeting of Shareholders. Additionally, Universal Safety Products’ subsidiary, Universal DeFi LLC, is developing a tokenization platform for real-world assets. This platform aims to provide issuers with integrated services for tokenizing assets, using technology to create and issue digital tokens. The tokenization process involves representing ownership of assets as digital tokens recorded on a blockchain. These recent developments reflect Universal Safety Products’ efforts to expand its capabilities and adapt to emerging technologies.