FiEE, Inc. (FIEE): Nasdaq/NYSE listing notice — Minim receives Nasdaq deficiency notice for failing minimum equity requirement

FiEE, Inc.

Stockholders' equity was $135,637 as of Sept 30, 2023, below the $2.5M minimum.
Company has 45 days (until Feb 26, 2024) to submit a compliance plan to Nasdaq.
If plan accepted, Nasdaq may grant up to 180-day extension to regain compliance.
No immediate effect on listing; common stock continues trading on Nasdaq.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

FiEE, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

January 11, 2024, Minim, Inc. (the “Company”) received a deficiency letter (the “Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum stockholders’ equity requirement of at least $2,500,000 for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(1) (the “Stockholders’ Equity Requirement”). In the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, the Company reported stockholders’ equity of $135,637, which

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FiEE, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-002211

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