FiEE (MINM) receives Nasdaq delisting notice for multiple listing failures; bid price below $1

FiEE, Inc.

Nasdaq identified additional deficiencies: failure to obtain shareholder approval for Feb 18 SPA and lack of independent board and committees.
Bid price non-compliance: closing price below $1 for 30 consecutive business days; cure deadline Oct 6, 2025, with possible extension.
Company and Nasdaq entered Confidential Settlement; Nasdaq will not delist immediately; company may challenge before a hearings panel.
These add to prior failure to meet $2.5M stockholders' equity requirement disclosed in June 2024 letter.

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