8-K
filed April 7, 2023, 7:59 PM ET
ticker FIEE
CIK 0001467761
leadership
confidence high
sentiment neutral
materiality 0.70
Minim CEO Mehul Patel resigns; founder Jeremy Hitchcock appointed Executive Chairman
FiEE, Inc.
- Mehul Patel stepped down as CEO and director effective April 7, 2023; no disagreement cited.
- Jeremy Hitchcock, founder and board chairman, appointed Executive Chairman and principal executive officer; no additional compensation.
- Directors Philip Frank and Sandra Howe also resigned from the board and its committees.
- Patel enters separation agreement: 6 months base salary, COBRA, accelerated vesting of options/RSUs by 6 months.
- Company notes market cap below $5M on $50M revenue, sees 'measurable opportunity to capture additional value.'
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mehul Patel resigned as Principal Executive Officer and Director at FiEE, Inc..
- Action
- resigned
- Role
- Principal Executive Officer and Director
Exact text from the filing
On April 7, 2023, Mehul Patel, the principal executive officer and a director of Minim, Inc. (the “Company”), resigned as the Company’s principal executive officer and as a director.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeremy Hitchcock was appointed as Executive Chairman at FiEE, Inc..
- Action
- appointed
- Role
- Executive Chairman
Exact text from the filing
On April 7, 2023, Jeremy Hitchcock, age 41, a director of Minim, Inc. (the “Company”) and Chairman of the Company’s Board of Directors, was appointed as Executive Chairman of the Company and will, accordingly, be the Company’s principal executive officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Philip Frank resigned as Director at FiEE, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On April 7, 2023, Philip Frank and Sandra Howe also resigned as directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sandra Howe resigned as Director at FiEE, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On April 7, 2023, Philip Frank and Sandra Howe also resigned as directors of the Company.
View on SEC.gov
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