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UNIVERSAL SAFETY PRODUCTS, INC.

For the period ended Mar 31, 2026. Filed Jul 2, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Jul 2, 2026

UUU$5.29+3.7%Stored close · as of Oct 16, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Table of Contents

UNIVERSAL SAFETY PRODUCTS, INC.

2026 ANNUAL REPORT ON FORM 10-K

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​​Page
​​​
​PART I​
​​​
Item 1.Business4
Item 1A.Risk Factors10
Item 1B.Unresolved Staff Comments26
Item 1C.Cybersecurity26
Item 2.Properties27
Item 3.Legal Proceedings27
Item 4.Mine Safety Disclosures27
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​PART II​
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Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities28
Item 6.[Reserved]28
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations28
Item 7A.Quantitative and Qualitative Disclosures About Market Risk34
Item 8.Financial Statements and Supplementary Data34
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure34
Item 9A.Controls and Procedures34
Item 9B.Other Information35
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections35
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​PART III​
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Item 10.Directors, Executive Officers and Corporate Governance36
Item 11.Executive Compensation40
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters43
Item 13.Certain Relationships and Related Transactions, and Director Independence44
Item 14.Principal Accountant Fees and Services45
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​PART IV​
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Item 15.Exhibits and Financial Statement Schedules46
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Signatures​48

CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K (the “Annual Report”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events or our future financial performance. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “expects,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predict,” “should” or “will” or the negative of these terms or other comparable terminology. These statements are only predictions; uncertainties and other factors may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Our expectations are as of the date this Annual Report is filed, and we do not intend to update any of the forward-looking statements after the date that this Annual Report is filed to confirm these statements to actual results, unless required by law.

This Annual Report also contains estimates and other statistical data made by independent parties and by us relating to market size and growth and other industry data. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. We have not independently verified the statistical and other industry data generated by independent parties and contained in this Annual Report and, accordingly, we cannot guarantee their accuracy or completeness, though we do generally believe the data to be reliable. In addition, projections, assumptions and estimates of our future performance and the future performance of the industries in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described in “Risk Factors” and elsewhere in this Annual Report. These and other factors could cause results to differ materially from those expressed in the estimates made by the independent parties and by us.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.