---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-031998"
form_type: "8-K"
ticker: "FIEE"
cik: "0001467761"
company_name: "FiEE, Inc."
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T22:42:45.169314+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Minim cuts 78% of workforce; going concern warning, exploring bankruptcy alternatives

## Summary
- Director George I. Kassas resigns effective Sept 15, 2023, not due to disagreement.
- Workforce reduced ~78% from 41 to 9 full-time employees.
- Estimated severance/commission costs ~$29,230; eliminated engineering, sales, support teams.
- Company faces material liquidity pressures, substantial doubt about going concern.
- Exploring strategic alternatives including asset sales and possible bankruptcy relief.

## SEC filing metadata
- accession: 0001493152-23-031998
- form_type: 8-K
- ticker: FIEE
- cik: 0001467761
- company_name: FiEE, Inc.
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467761/000149315223031998/0001493152-23-031998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467761/000149315223031998/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-031998
- JSON: https://secwatch.observer/filing/0001493152-23-031998.json
- Plain text: https://secwatch.observer/filing/0001493152-23-031998.txt

## Key facts
- Executive change
  George I. Kassas resigned as Director at FiEE, Inc..
  - Action: resigned
  - Role: Director
  source text: On September 5, 2023, George I. Kassas, a director of Minim, Inc. (the “Company”), advised the Board of Directors that he intends to resign as a director of the Company effective September 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1467761/000149315223031998/0001493152-23-031998-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.