Minim Announces Board Change as David Lazar Steps Down

Rhea-AI Filing Summary

FiEE (Nasdaq: MINM) filed a Form 8-K reporting that director David Lazar will resign effective June 30 2025. The company states the departure is not due to any disagreement regarding its operations, policies, or practices. No other board or management changes, financial data, or strategic updates were disclosed. Investors should watch how the vacancy is filled and whether committee compositions or governance ratings are affected.

Positive

• None.

Negative

• Director David Lazar resigns, leaving a board vacancy that may temporarily strain independence requirements and governance continuity until a successor is appointed.

Insights

Corporate Governance Expert

TL;DR: Board seat opens; neutral near-term impact

David Lazar’s exit removes an experienced voice but, because the company cites no dispute, the market typically treats this as a routine governance refresh. Key follow-ups are (1) whether FiEE meets Nasdaq independence rules post-June 30 and (2) the profile of any replacement director. Until a successor is named, board workload and committee balance could tighten, but nothing in the filing signals strategic discord or financial risk. Overall impact is modest and largely contingent on the next appointment.

Event Analyst

TL;DR: Minor event unless replacement lags

The resignation triggers a short-term compliance clock: Nasdaq gives listed firms up to one year to cure independence deficits. If FiEE already had minimal independent directors, delays in seating a replacement could invite governance downgrades. Conversely, adding a director with sector expertise or capital-markets credibility could enhance investor perception. With no compensation adjustments or operational disagreements disclosed, material financial impact is unlikely at this stage.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 23, 2025

FiEE, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-37649		04-2621506
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

Flat A1, 29/F, Block A, TML Tower, 3 Hoi Shing Road, Tsuen Wan, N.T., Hong Kong 00000

(Address of principal executive offices, including zip code)

852-28166813

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17-CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17-CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common Stock, $0.01 par value		MINM		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 23, 2025, David Lazar notified FiEE, Inc. f/k/a Minim, Inc. (the “Company”) of his decision to resign from the board of directors (the “Board”) of the Company, effective as of June 30, 2025 (the “Effective Date”). Mr. Lazar’s decision to resign was not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIEE, INC.
Date: June 27, 2025	By:	/s/ Li Wai Chung
		Li Wai Chung
		Chief Executive Officer

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FAQ

Why did David Lazar resign from FiEE (MINM)'s board?

The company states the resignation was not due to any disagreement with FiEE on operations, policies, or practices.

When does David Lazar's resignation take effect?

The resignation is effective June 30 2025.

Which SEC item covers this event in the 8-K?

The disclosure is made under Item 5.02 – Departure of Directors or Certain Officers.

Does the filing mention any financial impact or compensation change?

No. The 8-K contains no financial data or compensatory arrangements related to the resignation.