Departed
Gary Nelson
Director
FKWL ·
FRANKLIN WIRELESS CORP
Mr. Gary Nelson who resigned his position on the Board, also on February 17, 2025.
Ready 8-Ks
19
Latest filing
March 26, 2026, 7:59 PM ET
Top materiality
0.75
Event mix
leadership ×6 · other ×5 · litigation ×3
Sentiment
1 pos · 1 neg · 17 neu
Executive change
recent →
Recent 8-K filings for FKWL
Highest-materiality recent filing
Franklin gets $2M jury verdict vs CEO for short-swing trading; replaces auditor
- Jury returned $2M verdict in favor of Franklin Wireless against CEO O.C. Kim for short-swing profit violations.
- CEO Kim has filed notice of intent to appeal the verdict.
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Franklin Wireless appoints Bill Bauer as Chief Operating Officer
Bill Bauer appointed COO effective March 25, 2026.
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Franklin Wireless Corp. annual meeting results: directors elected, auditor ratified
Five director nominees elected: OC Kim (5,434,380 for), Johnathan Chee (5,160,127), Heidy Chow (5,408,469), Kristina Kim (5,281,384), Ira Greenstein (5,434,370).
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Franklin Wireless declares $0.04 special dividend payable Dec 2, 2025
One-time special dividend of $0.04 per share on common stock.
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Franklin Wireless repurchases CEO's vested options for 200,000 shares at $746,067
Agreement with CEO OC Kim to repurchase fully-vested options for 200,000 common shares.
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Franklin Wireless appoints Ira Greenstein to Board, replacing Gary Nelson effective Feb 17
Gary Nelson resigned from the Board of Directors effective February 17, 2025.
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Franklin Wireless CFO Bill Bauer resigns; Reid Granados named interim CFO
Effective Jan 1, 2025, Bill Bauer resigned as acting CFO; will remain General Counsel and Director of Strategic Planning.
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Franklin Wireless holds annual meeting; re-elects five directors and ratifies auditor
All five director nominees elected: OC Kim, Gary Nelson, Kristina Kim, Johnathan Chee, Heidy Chow with majority 'For' votes.
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Franklin Wireless adopts indemnification agreements for all directors and officers
Board approved form of Indemnification Agreement on Oct 2, 2024; authorized entry with each director and officer.
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Franklin Wireless settles Section 16(b) derivative suit; CEO to pay $1M, company to pay $550K
Jury verdict in February 2024 awarded plaintiff $2M for CEO OC Kim's short-swing profits.
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Franklin Wireless forms JV with MeiG Smart; Franklin 60% owner, contributes $3M
Franklin Wireless (60%) and MeiG Smart (40%) form new Nevada corporation for telecom module sales.
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Five directors elected: OC Kim (5,368,552 for), Gary Nelson (5,323,588), Kristina Kim (5,366,139), Johnathan Chee (5,322,753), Heidy Chow (5,366,075).
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Franklin gets $2M jury verdict vs CEO for short-swing trading; replaces auditor
Jury returned $2M verdict in favor of Franklin Wireless against CEO O.C. Kim for short-swing profit violations.
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Franklin Wireless appoints David Lee as SVP Sales, former COO title changed
David Lee appointed Senior Vice President of Sales on July 14, 2023.
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Franklin Wireless settles securities class action for $2.4M over Jetpack defects
Settlement resolves securities fraud claims over alleged defective Jetpack batteries supplied to Verizon; no admission of wrongdoing.
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Franklin Wireless stockholders elect directors and ratify auditor at Dec. 22 meeting
Elected five directors: OC Kim, Gary Nelson, Kristina Kim, Johnathan Chee, Heidy Chow; all received >4.8M votes for.
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Franklin Wireless CFO David Brown resigns; Bill Bauer named Interim CFO
David Brown resigned as acting CFO on Sep 30, 2022, to pursue other opportunities; not due to disagreement.
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Franklin Wireless loans $10M to majority-owned subsidiary at 2% interest for facility purchase
Loan of $10M to majority-owned FTI to purchase South Korea facility and provide working capital.
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Franklin Wireless shareholders elect directors and ratify auditor at 2021 annual meeting
Five directors elected: OC Kim (5,697,786 for, 77,594 withheld), Gary Nelson (4,928,655 for, 846,610 withheld).
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CEO OC Kim's management agreement renewed for three years (Oct 1, 2021 – Sep 30, 2024) with $300,000 annual salary plus $700/month car allowance.
Executive changes
Appointed
Ira Greenstein
Director
FKWL ·
FRANKLIN WIRELESS CORP
Effective February 17, 2025, the Board of Directors appointed Ira Greenstein to the Board of Directors
Appointed
(interim)
Reid Granados
Interim Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
Also, effective January 1, 2025, the Board of Directors has appointed Reid Granados to serve as Interim Chief Financial Officer of the Company.
Role change
Bill Bauer
Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
Effective January 1, 2025, Bill Bauer has resigned as acting Chief Financial Officer of the Company.
Role change
David Lee
Senior Vice President of Sales
FKWL ·
FRANKLIN WIRELESS CORP
On July 14, 2023, the Board of Directors appointed David Lee as Senior Vice President of Sales.
Departed
David Brown
acting Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
On September 30th, 2022, David Brown resigned as acting Chief Financial Officer of the Company to pursue other opportunities.
Appointed
(interim)
Bill Bauer
Interim Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
The Board of Directors has appointed Bill Bauer to serve as the Interim Chief Financial Officer while the Company searches for a replacement for Mr. Brown.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.40 · Most common event leadership