Franklin Wireless repurchases CEO's vested options for 200,000 shares at $746,067

FRANKLIN WIRELESS CORP

Agreement with CEO OC Kim to repurchase fully-vested options for 200,000 common shares.
Purchase price of $746,066.67; options were under the 2020 Stock Option Plan.
Transaction scheduled to close on May 15, 2025.
CEO Kim remains President, CEO, and director; no change in leadership.

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