FiEE, Inc. 8-K
Research Summary
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FiEE, Inc. Announces $2M Private Placement, Preliminary Q4/FY2025 Results
What Happened
- On January 30, 2026, FiEE, Inc. entered a securities purchase agreement to sell 394,476 shares of common stock at $5.07 per share in a private placement, with gross proceeds expected to be approximately $2.0 million. The Closing is expected within 30 calendar days of the execution date.
- The sale is being made to accredited investors under exemptions to registration (Section 4(a)(2) and Rule 506 of Regulation D). Upon Closing, FiEE will enter a registration rights agreement committing to file a resale registration statement with the SEC within 60 days of Closing.
- On February 2, 2026, FiEE issued a press release providing select preliminary unaudited fourth quarter and full‑year 2025 financial results (the press release is attached as Exhibit 99.1 to the 8‑K).
Key Details
- Shares to be issued: 394,476 common shares.
- Price per share: $5.07; expected gross proceeds: ~ $2.0 million (before offering expenses).
- Expected timing: Closing within 30 days of Jan 30, 2026; resale registration filing within 60 days after Closing.
- Use of proceeds: potential future acquisitions and general corporate purposes. Purchasers are accredited investors and agreed the shares are for investment.
Why It Matters
- The private placement provides FiEE with near‑term capital (about $2M) that management says may be used for acquisitions and general corporate needs, which could affect the company’s growth plans and cash runway.
- The registration rights mean investors who buy these shares will seek to resell them once the resale registration is declared effective, which could increase tradable float after registration.
- FiEE’s issuance of preliminary unaudited Q4 and FY2025 results is material for assessing recent revenue and earnings trends; retail investors should review the attached press release and watch for the final audited results and any updates on the private placement closing and resale registration.