FiEE, Inc. Acquires Japanese Firm to Bolster Tech Capabilities and Global Footprint

Rhea-AI Summary

FiEE (NASDAQ:FIEE) announced it signed a share purchase agreement on November 27, 2025 and closed on November 30, 2025 to acquire 100% of Japanese firm Houren-Geiju for an aggregate purchase price of $3.5 million.

Houren-Geiju provides AI and blockchain-based digital authentication for art, and holds five software copyrights with eight software innovations in patent application. FiEE said the acquisition will bolster its AI and blockchain capabilities, expand its brand-management and MCN digital services, and support its goal of growing a global community of key opinion leaders.

Positive

• Acquisition price: $3.5 million
• Transaction closed on November 30, 2025
• Adds five software copyrights and eight innovations in patent process
• Expands FiEE service offering to blockchain authentication

Negative

• None.

News Market Reaction

+1.23% 43.0x vol

21 alerts

+1.23% News Effect

+37.0% Peak Tracked

-29.6% Trough Tracked

+$188K Valuation Impact

$15M Market Cap

43.0x Rel. Volume

On the day this news was published, FIEE gained 1.23%, reflecting a mild positive market reaction. Argus tracked a peak move of +37.0% during that session. Argus tracked a trough of -29.6% from its starting point during tracking. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $188K to the company's valuation, bringing the market cap to $15M at that time. Trading volume was exceptionally heavy at 43.0x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Acquisition price: $3.5 million Equity acquired: 100% Software copyrights: 5 +5 more

8 metrics

Acquisition price $3.5 million Purchase of 100% equity interests and assets of Houren-Geiju

Equity acquired 100% Outstanding equity interests of Houren-Geiju

Software copyrights 5 Houren-Geiju existing software copyrights

Patent applications 8 Software innovations in process of patent application

Signing date November 27, 2025 Share purchase and technology transfer agreements

Closing date November 30, 2025 Completion of Transactions

Price vs 52W high -98.81% Stock trading far below 52-week high before acquisition news

52-week low distance 75.92% Price above 52-week low prior to announcement

Market Reality Check

Price: $7.16 Vol: Volume 62,341 vs 20-day a...

low vol

$7.16 Last Close

Volume Volume 62,341 vs 20-day average 100,019 (relative volume 0.62) suggests no pre-news buildup. low

Technical Shares at $2.63 are trading well below the $92.87 200-day MA, indicating a prolonged downtrend.

Peers on Argus

Peers showed mixed moves: CMBM -4.04%, UTSI -1.73%, SONM -1.46%, while MINM +18....

1 Down

Peers showed mixed moves: CMBM -4.04%, UTSI -1.73%, SONM -1.46%, while MINM +18.75% and JCS was flat. Momentum scanner only flagged CLRO at -20.01% without news, pointing to stock-specific rather than sector-wide drivers.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Strategic acquisition	Positive	+1.2%	Acquisition of Houren-Geiju for <b>$3.5M</b> to expand AI/blockchain capabilities.
Nov 12	Earnings update	Positive	+7.4%	Strong SaaS-driven sales growth, high gross margin, and reduced net loss.
Sep 04	Expo wrap-up	Positive	-2.4%	Successful Osaka Expo showing SaaS and blockchain solutions but shares fell.
Aug 18	Expo announcement	Positive	+1.4%	Announcement of Osaka Expo participation showcasing SaaS and authentication tech.
Aug 13	Earnings update	Negative	-3.8%	H1 2025 net sales decline and net loss despite SaaS transition progress.

Pattern Detected

Recent fundamentally positive news (acquisition and SaaS-driven earnings) generally saw aligned positive price reactions, with one divergence on a non-financial technology showcase.

Recent Company History

Over the last six months, FiEE has focused on shifting from hardware to SaaS and digital brand-management solutions. Earnings on Aug 13 and Nov 12 highlighted rising SaaS customers, higher margins, and narrowing losses, which the market generally rewarded. Participation in the 2025 Osaka World Expo showcased blockchain and authentication technologies with mixed price reactions. The Nov 27–30 acquisition of Houren-Geiju for $3.5M extends this pivot, adding AI and blockchain art-authentication capabilities to support broader MCN and brand solutions.

Market Pulse Summary

This announcement details FiEE’s acquisition of Houren-Geiju for $3.5M, adding AI- and blockchain-ba...

Analysis

This announcement details FiEE’s acquisition of Houren-Geiju for $3.5M, adding AI- and blockchain-based art-authentication technology, including 5 software copyrights and 8 patent-pending innovations. It continues the company’s shift toward SaaS and digital services. With shares far below the $92.87 200-day MA and 98.81% under the 52-week high, investors may track how quickly these assets integrate into MCN and brand-management offerings, and how they affect revenue growth and profitability in upcoming filings.

Key Terms

iot, artificial intelligence, blockchain, blockchain certification, +1 more

5 terms

iot technical

"a technology company integrating IoT, connectivity and AI to redefine"

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

artificial intelligence technical

"leveraging artificial intelligence and blockchain technology to provide"

Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.

blockchain technical

"leveraging artificial intelligence and blockchain technology to provide"

A blockchain is a digital record-keeping system that securely stores information across many computers, making it difficult to alter or tamper with. Think of it like a shared, unchangeable ledger that everyone can see and verify, ensuring transparency and trust. For investors, this technology offers a way to securely track transactions and assets without relying on a central authority, potentially reducing costs and increasing security.

blockchain certification technical

"micro identification, AI image recognition, blockchain certification, and digital"

A blockchain certification is a digital record of a credential, licence, product origin, or transaction that is stored on a distributed ledger so it cannot be quietly altered. For investors, it matters because it provides a tamper-resistant proof of authenticity or compliance—like a secure public receipt—helping reduce fraud, simplify audits, and increase trust in the accuracy of claims that can affect a company’s reputation and valuation.

digital passport technical

"blockchain certification, and digital passport generation services."

A digital passport is an electronic credential that proves a person’s identity, qualifications, or health status online, like a regular passport or driver’s license for your internet life. It matters to investors because it enables companies to verify customers, comply with rules across borders, and unlock new services or markets; wider adoption can drive sales and reduce fraud risks, while regulatory changes or privacy concerns can affect costs and growth.

AI-generated analysis. Not financial advice.

HONG KONG, Dec. 2, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("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 November 27, 2025, the Company signed a share purchase agreement and technology transfer agreement to acquire 100% of the outstanding equity interests and all of the assets, including software copyrights and patents of the Japanese company, Houren-Geiju Kabushikikaisha ("Houren-Geiju"), for an aggregate purchase price of $3.5 million (the "Transactions"). The Transactions closed on November 30, 2025. The Company believes that the Transactions will significantly bolster the Company's technological capabilities and further optimize its offering of a comprehensive brand management solution for its customers.

Houren-Geiju is a Japanese technology company specializing in digital authentication services for art collections, leveraging artificial intelligence and blockchain technology to provide both individual and corporate clients low-cost, reliable artwork authentication, certification, and display services. For corporate clients, it provides micro identification, AI image recognition, blockchain certification, and digital passport generation services. For individual clients, Houren-Geiju enables users to complete self-service authentication, uploading and display through mobile phones, gradually forming a "trust-based collection social network." Currently, Houren-Geiju has five software copyrights and eight software innovations in the process of application for patents. 

Following the Transactions, FiEE aims to increase the application of AI and blockchain authentication technologies in its customized software R&D services and MCN digital services, thereby expanding its service offerings to blockchain authentication. FiEE believes that its customer base will further expand, leading to its long-term goal of establishing a global community of Key Opinion Leaders throughout the digital content lifecycle.

Rafael Li, Chief Executive Officer of FiEE, commented, "We are thrilled to integrate Houren-Geiju's cutting-edge authentication and blockchain technologies into our business, thereby broadening our revenue streams, optimising our brand solutions, and having the potential to reach extensive high-quality customers. Looking ahead, we will continue to tap into new customer segments while actively seeking high-quality project opportunities, steadily advancing our sustainable and diversified growth and strengthening engagement across our entire To-B and To-C ecosystem."

About FiEE, Inc.

FiEE, Inc. (NASDAQ:FIEE), 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 2024 to expand its technology portfolio and revenue streams. In 2025, FiEE, Inc. 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, Inc.'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, Inc. has introduced its innovative Software as a Service solutions, 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, Inc.'s services include customized graphics and posts, short videos, and editorial calendars tailored to align with brand objectives. 

Forward-Looking Statements
This communication contains forward-looking statements which include, but are not limited to, statements regarding the Transactions; the expected success of the Company's integration of Houren-Geiju's business into FiEE's business; the Company's business strategy, including its strategic transformation; and the Company's ability to drive long-term growth and shareholder value. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The Company's expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the ability of the Company to maintain compliance with the Nasdaq continued listing standards; the impact of fluctuations in global financial markets on the Company's business and the actions it may take in response thereto; the Company's ability to execute its plans and strategies; and the impact of government laws and regulations. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption "Risk Factors" in the Annual Report on Form 10-K for the year ended December 31, 2024 and elsewhere in the Company's subsequent reports on Form 10-Q or Form 8-K filed with the U.S. Securities and Exchange Commission from time to time and available at www.sec.gov.    

Media
fiee@dlkadvisory.com

View original content:https://www.prnewswire.com/news-releases/fiee-inc-acquires-japanese-firm-to-bolster-tech-capabilities-and-global-footprint-302630746.html

SOURCE FiEE, Inc.

FAQ

What did FiEE (FIEE) acquire on November 30, 2025?

FiEE acquired 100% of Houren-Geiju, including assets, software copyrights, and patents, for $3.5 million and closed the transaction on November 30, 2025.

How many software copyrights and patent applications did Houren-Geiju have in the FIEE acquisition?

Houren-Geiju had five software copyrights and eight software innovations in the process of patent application.

How will the Houren-Geiju deal affect FiEE's product offerings and technology (FIEE)?

FiEE plans to increase AI and blockchain authentication in its customized software R&D and MCN digital services, expanding its blockchain authentication offerings.

When was the share purchase agreement for FiEE's acquisition signed?

FiEE signed the share purchase agreement and technology transfer agreement on November 27, 2025.

What business does Houren-Geiju operate that FiEE is acquiring (FIEE)?

Houren-Geiju provides AI and blockchain-based digital authentication, certification, and display services for art collections to individual and corporate clients.