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FiEE Q1 revenue $2.1M, net income $0.4M vs year-ago loss of $0.4M
Revenue surged to $2.1M from $125 in Q1 2025, driven by SaaS, software, and digital authentication services.
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FiEE acquires 51% of Yinlian Culture with $2.9M convertible loan for AI music push
Total investment ~$3.0M: $51,000 for 51% equity stake (60% voting) plus $2.9M zero-interest convertible loan to Yinlian Culture.
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FiEE FY2025 revenue up 867.9% to $6.2M; net income turnaround from -$4.2M to +$1.1M
Full-year revenue $6.2M vs $0.6M in 2024; gross margin improved to 86.4% from 32.4%.
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FiEE prelim FY2025 net income ~$1M, sales up 871%; announces ~$2M private placement at $5.07/share
Q4 2025 net sales ~$4M, gross profit ~$3M, net income ~$2M.
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FiEE Q3 2025: Revenue up 210% YoY, net loss narrows 71% in SaaS pivot
Net sales for nine months ended Sep 30, 2025: $1.98M vs $639,893 YoY (210% increase).
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FiEE first-half net sales $45K, net loss narrows to $1.0M; SaaS prepaid fees $1.5M
Net sales $45,118 for H1 2025, down 93% YoY from $639,893 due to shift from hardware to SaaS.
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FiEE acquires Yixuntong tech assets for $1.4M; signs 85 SaaS contracts worth >$400K
Acquired IP includes product authentication tech, file transfer systems, blockchain KYC, 20+ software copyrights, 3 patents.
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June 4, 2025, 7:59 PM ET
other material
materiality 0.75
neutral
Nasdaq to resume trading FiEE (MINM) on June 2 after compliance finding; public reprimand issued
Nasdaq Hearing Panel found FiEE compliant with continued listing rules; trading resumes June 2, 2025 under symbol MINM.
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FiEE raises $4M via stock sales, inks $15M equity line; issues convertible note; targets Nasdaq relisting
Sold 1,585,366 shares to Cao Yu ($2.6M) and 853,659 to Hu Bin ($1.4M) at $1.64/share.
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FiEE raises $4M from Cao Yu and Hu Bin, $15M equity line with Helena, $300K note to Lazar
Sold 1,585,366 shares to Cao Yu for $2.6M and 853,659 shares to Hu Bin for $1.4M on May 9, 2025.
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FiEE (MINM) receives Nasdaq delisting notice for multiple listing failures; bid price below $1
Nasdaq identified additional deficiencies: failure to obtain shareholder approval for Feb 18 SPA and lack of independent board and committees.
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FiEE (formerly Minim) faces Nasdaq delisting over multiple deficiencies; restates FY2023 and 2024 financials
Nasdaq cites failed shareholder approval for Feb 2025 stock sale and lack of independent board/committees.
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FiEE wins SEC stay of Nasdaq delisting pending review; SEC finds likely success on appeal
On Feb. 25, 2025, SEC granted stay of Nasdaq delisting pending completion of Review Proceeding.
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FiEE names Li Wai Chung CEO, Cao Yu CFO; changes corporate name from Minim, Inc.
David Lazar resigned as CEO and CFO effective Feb 26, 2025; resignation not due to any disagreement.
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Change of control: Purchasers own 90.6% of MINM; all five directors resign
Purchasers acquired 90.6% of common stock on fully diluted basis; after conversion increase will own 55%.
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Minim issues 1.98M Series B Preferred shares at $1.31/share for $2.6M; CEO sells Series A for up to $4M
Company sells 1,984,733 Series B Preferred shares at $1.31/share, total $2.6M to Cao Yu, Hu Bin, and Youxin Consulting.
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SEC grants administrative stay of Minim's Nasdaq delisting pending review
SEC granted administrative stay on Nov 1, 2024, halting delisting of MINM common stock effective Nov 4.
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Minim's common stock to be delisted from Nasdaq effective Nov 4, 2024; SEC appeal filed
New York court denied preliminary injunction on Oct 18; company discontinued lawsuit on Oct 22.
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Minim files motion for default judgment against Nasdaq in delisting dispute; TRO extended indefinitely
State Court extended TRO blocking Nasdaq delisting until ruling on preliminary injunction.
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Minim extends TRO against Nasdaq delisting to Sept 30; case remanded to state court
Federal court remanded Minim's case against Nasdaq delisting to New York state court on Sept 4, 2024.
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Minim obtains TRO to prevent Nasdaq delisting after clerical error missed plan deadline
TRO granted Aug 20, 2024 by Supreme Court of NY, effective until Sep 5, 2024.
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Minim co-CEO and director Jeremy Hitchcock resigns effective immediately
Jeremy Hitchcock resigned as co-CEO and board member on August 3, 2024.
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Minim receives delisting notice, trading suspended; CEO sells controlling stake to Yihucha for $5.6M
Nasdaq suspended MINM trading on July 24; stock now trades on OTC Pink after missing equity requirement deadline.
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Minim receives Nasdaq non-compliance notice for equity <$2.5M; appeals to Hearings Panel
Received Nasdaq letter on June 26, 2024, for failing minimum $2.5M stockholders' equity requirement under Listing Rule 5550(b)(1).
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Minim amends merger pact with e2Companies, drops no-shop clause to explore alternatives
Amendment lifts no-shop restrictions, letting Minim seek other business combinations with 2 business days' notice to e2Companies.
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Minim dismisses BF Borgers as auditor, engages Beckles & Co. due to BF Borgers SEC bar
Dismissed BF Borgers CPA PC on May 3, 2024; audit committee unanimously approved.