INV4
1 week ago
FiEE, Inc. Acquires Advanced Tech Suite Expected to Supercharge IoT-AI Content & Audience Targeting Platform
July 2, 2025
HONG KONG, July 2, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:MINM) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, is pleased to announce that on June 30, 2025, it entered into an asset purchase agreement with Suzhou Yixuntong Network Technology Co., Ltd. ("Yixuntong") to acquire intellectual property and fixed assets for a total purchase price of USD1,400,000 (the "Acquisition"). The Acquisition was structured as a simultaneous sign and close transaction which closed on June 30, 2025.
The acquired assets include advanced product authentication technologies featuring systematic algorithmic verification and certification capabilities, high-efficiency file transfer systems designed to support large-capacity video uploads for both business and consumer applications, and blockchain-powered KYC solutions that ensure secure identity verification and robust data protection. The Acquisition encompasses over twenty software copyrights and three core patents that are expected to significantly enhance FiEE's technological capabilities across multiple business areas.
This strategic move is expected to allow FiEE to expand its service offerings across both enterprise and consumer markets while adding critical tools to its growth toolkit, seamlessly linking market-facing content capabilities with backend infrastructure and compliance solutions.
Rafael Li, Chief Executive Officer of FiEE, commented, "By integrating Yixuntong's cutting-edge authentication, file transfer, and KYC technologies, we believe we are enhancing our platform's capabilities while creating new revenue streams. These innovations are expected to power our SaaS evolution, delivering unique value to both enterprise clients and individual creators - strengthening engagement across our entire To-B and To-C ecosystem. We're not just acquiring technology, but we believe we are building the foundation for sustainable, diversified growth."
From the initial signing of the non-binding letter of intent on March 25, 2025 through May 31, 2025, the Company secured 85 sales contracts via SaaS platform integration with FiEE HK, a wholly owned subsidiary of FiEE, and the Managed Creator Network (MCN) business launch, generating total contract values exceeding USD400,000. With its ongoing strategic transformation, the Company is establishing a comprehensive value ecosystem that offers a secure, diverse and enduring platform in talent-brand management solutions through Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SaaS Solutions, and Professional To-C and To-B Services & Support.
By leveraging cutting-edge technologies, including cybersecurity, market analysis, AI and big data analysis, FiEE provides comprehensive protection for original creations, digital arts, NFTs, and exclusive content. With a long-term vision to cultivate a billion-follower KOL community, the Company believes it is positioned to drive sustained success for digital creators while delivering lasting value to shareholders in the evolving digital landscape.
About FiEE, Inc.
FiEE, Inc. (NASDAQ:MINM), formerly Minim, Inc., was founded in 1977. It has a historical track record of delivering comprehensive WiFi/Software as a Service platform in the market. After years of development, it made the strategic decision to transition to a Software First Model in 2023 to expand its technology portfolio and revenue streams. In 2025, FiEE rebranded itself as a technology company leveraging its expertise in IoT, connectivity, and AI to explore new business prospects and extend its global footprint.
FiEE's services are structured into four key categories: Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SaaS Solutions, and Professional To-C and To-B Services & Support. Notably, FiEE has introduced its innovative Software as a Service solution, which integrate its AI and data analytics capabilities into content creation and brand management. This initiative has led to the nurturing of a robust pool of KOLs on major social media platforms worldwide, assisting them in developing, managing, and optimizing their digital presence across global platforms. FiEE's services include customized graphics and posts, short videos, and editorial calendars tailored to align with brand objectives.
https://ih.advfn.com/stock-market/NASDAQ/minim-MINM/stock-news/96362854/fiee-inc-acquires-advanced-tech-suite-expected-t
$MINM
subslover
1 year ago
Minim Announces Merger Agreement with e2Companies
Merger to create NASDAQ-listed, comprehensive proprietary products and services company focused on Automated Grid Stability
MANCHESTER, N.H., March 12, 2024 (GLOBE NEWSWIRE) -- Minim, Inc. (โMinimโ) (NASDAQ: MINM) today announced that it has entered into a definitive merger agreement with privately held e2Companies, LLC (โe2Companiesโ), to combine the companies in an all-stock transaction. The combined company will focus on continuing to drive proprietary solutions for grid modernization. Upon closing, which is currently anticipated in the second quarter of 2024, the combined company is expected to operate under the name e2Companies, Inc., and trade on the Nasdaq Capital Market.
โThis agreement comes at a pivotal time for e2Companies as we advance the commercialization of our technology platform,โ said James Richmond, CEO and President of e2Companies. โThe aging infrastructure of our countryโs grid and the increased need for demand-side innovation is critical. Our merger with Minim should allow us to accelerate AI data-driven networking solutions for the people that need it most, our customers.โ
David Lazar, Co-CEO of Minim, commented, โAfter running a very thorough merger process, we are extremely excited to announce this transaction. We believe that e2Companies could disrupt the energy sector by providing Grid 3.0 energy solutions.โ
About the Proposed Transaction, Management and Organization
Under the terms of the Agreement and Plan of Merger, e2Companies will merge with and into a wholly owned subsidiary of Minim, and as the surviving entity, e2Companies will become a wholly owned subsidiary of Minim. At the effective time of the merger, each common unit of e2Companies issued and outstanding will be converted into common stock of Minim based on a fixed exchange ratio, with any resulting fractional shares to be rounded to the nearest whole share. Interest holders of e2Companies will own approximately 97% of the combined company and securityholders of Minim will own approximately 3% of the combined company, on a fully diluted basis.
Following the merger, Minim, Inc. will be renamed โe2Companies, Inc.โ and the corporate headquarters will be located at 8901 Quality Rd, Bonita Springs FL 34135. The combined companyโs Board of Directors after the Merger will consist of seven members, two of whom will be designated by Minim.
The combined company will be led by James Richmond, CEO of e2Companies and creator of the worldโs first Virtual Utility®. James brings a wealth of leadership experience across a wide range of industries, including 30 years of developing new engineering capabilities and innovative solutions for his customers in the energy industry.
โWe are thrilled that James has agreed to lead the combined company,โ said David Lazar, Co-CEO of Minim Inc.
The transaction has been approved by the Board of Directors of Minim and the managers of e2Companies and is expected to close in the second quarter of 2024, subject to customary closing conditions, including the effectiveness of the registration statement on Form S-4 to be filed by Minim and the approval by Minim stockholders.
ABZ Law Office is serving as legal counsel to Minim. Haynes and Boone, LLP is serving as legal counsel to e2Companies.
About Minim
Minim, Inc. (NASDAQ: MINM) is the creator of intelligent networking products that dependably connect people to the information they need and the people they love. Headquartered in Manchester, NH, the company delivered smart software-driven communications products under the globally recognized Motorola brand and Minim® trademark. Minim end users benefit from a personalized and secure Wi-Fi experience, leading to happy and safe homes where things just work.
To learn more about Minim, visit https://www.minim.com
About e2Companies
e2Companies is the first vertically integrated Virtual Utility® for power generation, distribution, and energy economics in the marketplace. e2Companiesโ patented technology, the R3Di® System, provides a synthetic utility BUS with inertia for continuous on-site power and seamless resiliency, independent of grid conditions. The R3Di® System is continuously monitored by the Grove365 to optimize resources, track ESG targets, and unlock new revenue opportunities for customers. This automated platform is self-sust
linkvest
1 year ago
David E. Lazar Announces Ownership Interest in Minim, Inc.
NEWS PROVIDED BY
David E. Lazar
30 Jan, 2024, 16:15 ET
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NEW YORK, Jan. 30, 2024 /PRNewswire/ -- David E. Lazar, an experienced private investor, today filed a Schedule 13D announcing his acquisition of 2,000,000 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") of Minim, Inc. ("Minim" or the "Company"). Each share of Series A Preferred Stock is convertible into 1.4 shares of the Company's common stock ("Common Stock"). In addition, as part of the acquisition, the Company issued Mr. Lazar warrants to purchase up to an additional 2,800,000 shares of Common Stock, with an exercise price equal to $1.00 per share, subject to adjustment therein. The conversion and exercise of the Series A Preferred Stock and the warrants, as applicable, into shares of Common Stock are subject to stockholder approval. Mr. Lazar issued the following statement:
"I am pleased to announce my significant investment in Minim given the meaningful opportunity I believe the Company represents and am eager to begin working with the Board of Directors and management to actively explore potential strategic options to drive shareholder value."
About David E. Lazar
David E. Lazar is an experienced private investor who brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions.
Investor Contact Information:
David E. Lazar
david@activistinvestingllc.com
SOURCE David E. Lazar
linkvest
1 year ago
I expect to hear something any time now with David Lazar coming aboard with a large stake in the company. He is going to want to see a huge return on his investment with MINM. Get your seat belts on because this should be a interesting and profitable ride coming very soon now.
David E. Lazar Announces Ownership Interest in Minim, Inc.
NEW YORK, January 30, 2024, David E. Lazar, an experienced private investor, today filed a Schedule 13D announcing his acquisition of 2,000,000 shares of Series A Convertible Preferred Stock (โSeries A Preferred Stockโ) of Minim, Inc. (โMinimโ or the โCompanyโ). Each share of Series A Preferred Stock is convertible into 1.4 shares of the Companyโs common stock (โCommon Stockโ). In addition, as part of the acquisition, the Company issued Mr. Lazar warrants to purchase up to an additional 2,800,000 shares of Common Stock, with an exercise price equal to $1.00 per share, subject to adjustment therein. The conversion and exercise of the Series A Preferred Stock and the warrants, as applicable, into shares of Common Stock are subject to stockholder approval. Mr. Lazar issued the following statement:
โI am pleased to announce my significant investment in Minim given the meaningful opportunity I believe the Company represents and am eager to begin working with the Board of Directors and management to actively explore potential strategic options to drive shareholder value.โ
About David E. Lazar
David E. Lazar is an experienced private investor who brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions.
Investor Contact Information:
David E. Lazar
david@activistinvestingllc.com