16 December 2025
FiEE, Inc.
10-K / April 30, 2025
10-K / April 29, 2024
10-K / April 30, 2025
Company Summary: FiEE, Inc. (f/k/a Minim, Inc.)
Business Overview:
FiEE, Inc. operates in the technology and consumer electronics sector, focusing on smart home devices and related products. The company’s activities are rooted in the development, marketing, and sale of smart home products, likely including Wi-Fi enabled devices, sensors, and automation systems designed to enhance home convenience, security, and energy efficiency.
Operational Details and Financials:
- Number of Customers: Not explicitly provided.
- Number of Employees: Not explicitly provided.
- Revenue and Income: No specific revenue or net income figures are included in the provided document.
- Market and Stock Information:
- The company's common stock ($0.01 par value) was traded on The Nasdaq Capital Market, but the trading is currently suspended.
- As of April 8, 2025, there were 4,913,792 shares outstanding.
- The company's estimated market value (as of June 30, 2024) was approximately $3.9 million, based on the closing stock price at that date.
Corporate Structure and Capacity:
- The company is incorporated in Delaware.
- Its principal executive office is located at Flat A1, 29/F, Block A, TML Tower, 3 Hoi Shing Road, Tsuen Wan, Hong Kong.
- The company describes itself as a "smaller reporting company" and an "emerging growth company," indicating a smaller scale of operations relative to larger firms.
Management and Board:
- Key executives include:
- Li Wai Chung (CEO and President)
- Cao Yu (CFO, Secretary, Treasurer, and Director)
- David Lazar (Director and former CEO)
- Hu Bin (Director)
- David Natan (Director)
- Chan Oi Fat (Director)
- There are family relationships amongst some officers and directors, notably Cao Yu being Hu Bin’s niece.
Governance and Committees:
- The board has an audit committee, nominating and governance committee, and compensation committee, each composed of independent directors, with specific responsibilities for financial oversight, board nominations, and executive compensation.
Significant Transactions & Ownership:
- Major beneficial owners include Li Wai Chung (owning approximately 60% of voting shares through entities) and Hu Bin (approximately 31.6%).
- The company’s securities include common stock, with a notable block held by related entities controlled by key executives.
Additional Notes:
- The company has not filed financial statements with the latest amendment.
- No financial performance measures are linked to executive compensation for 2024 or 2023.
- The company has engaged in related-party transactions, including leasing office space from an affiliate and a bridge loan arrangement with a related entity.
Summary:
FiEE, Inc. is a small-cap company involved in the design, marketing, and sale of smart home device products, with concentrated ownership among a few key executives and entities. Its stock trading on Nasdaq is currently suspended, and financial performance data such as revenue and net income is not provided in the given document.
