secwatch.observer — SEC 8-K summary
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Issuer:     FiEE, Inc. (FIEE)
CIK:        0001467761
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001493152-23-011569
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Minim CEO Mehul Patel resigns; founder Jeremy Hitchcock appointed Executive Chairman
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- 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.'

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467761/000149315223011569/0001493152-23-011569-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467761/000149315223011569/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-011569

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer