# EDGAR Filing Document

**Accession Number:** 0001467761
**File Stem:** 0001829126-25-009596
**Filing Date:** 2025-12
**Character Count:** 36752
**Document Hash:** b56e3b54db9208ac897f59d664b5af9f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-25-009596.hdr.sgml**: 20251202

**ACCESSION NUMBER**: 0001829126-25-009596

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20251127

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251202

**DATE AS OF CHANGE**: 20251202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FiEE, Inc.
- **CENTRAL INDEX KEY:** 0001467761
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE & TELEGRAPH APPARATUS [3661]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 042621506
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37649
- **FILM NUMBER:** 251543798

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FLAT A1, 29/F, BLOCK A
- **STREET 2:** TML TOWER, 3 HOI SHING ROAD
- **CITY:** TSUEN WAN
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 833-966-4646

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FLAT A1, 29/F, BLOCK A
- **STREET 2:** TML TOWER, 3 HOI SHING ROAD
- **CITY:** TSUEN WAN
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MINIM, INC.
- **DATE OF NAME CHANGE:** 20210609

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Zoom Telephonics, Inc.
- **DATE OF NAME CHANGE:** 20090707

?xml version='1.0' encoding='ASCII'?

**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): November 27, 2025

**FiEE, Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-37649** | **04-2621506** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

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

(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** | **Name of each exchange on which registered** |
| Common Stock, $0.01 par value FIEE | 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 1.01 Entry into a Material Definitive Agreement.

On November 27, 2025, FiEE, Inc., a Delaware corporation (the "Company"), entered into (i) a Share Purchase Agreement (the "Purchase Agreement") with Yang Zhiqin and Lin Lin, pursuant to which the Company agreed to acquire 100% of the outstanding equity interests of Houren-Geiju Kabushikikaisha, a company organized under the laws of Japan ("Houren-Geiju"), for an aggregate purchase price of $500,000 and (ii) a Technology Transfer Agreement (the "Technology Transfer Agreement"), with Lin Lin, pursuant to which the Company agreed to purchase all of the assets owned by Houren-Geiju for an aggregate purchase price of $3 million (collectively, the "Transactions").

Houren-Geiju is a provider of digital authentication services for art collections, using artificial intelligence and blockchain technology to enable both individual and corporate clients to complete artwork authentication, certification, and display services.

The Purchase Agreement and the Technology Transfer Agreement contain customary representations, warranties and covenants of the parties. The closing of the Transactions is subject to customary closing conditions. The Purchase Agreement and the Technology Transfer Agreement also include customary indemnification provisions and termination rights.

The Transactions closed on November 30, 2025.

The foregoing descriptions of the Purchase Agreement and the Technology Transfer Agreement are not complete and are qualified in their entirety by reference to the full texts of the Purchase Agreement and the Technology Transfer Agreement, which are, respectively, filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K and incorporated herein by reference.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The disclosure provided in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.01.

Item 7.01 Regulation FD Disclosure.

In connection with the Transaction, on December 2, 2025, the Company issued a press release announcing the Transaction, a copy of which is attached to this Current Report on Form 8-K as Exhibit 99.1.

As previously disclosed in a Current Report on Form 8-K filed on March 25, 2025, the Company entered into a non-binding letter of intent (the "LOI") with Hongyan Sun and Lin Lin (collectively, the "Sellers"). The LOI outlined the terms of the purchase of 100% of the equity interests of Suzhou Yixuntong Network Technology Co., Ltd. ("Target Company") by the Company (the "Potential Transaction"). As previously disclosed in a Current Report on Form 8-K filed on July 1, 2025, the Company and the Sellers entered into an amendment to the LOI (the "Amended LOI") to, among other things, (i) extend the date by which the Potential Transaction must be completed to March 25, 2026 and (ii) outline the terms of the transfer of certain of the Target Company's fixed assets and intellectual property to the Company, which was completed on June 30, 2025. On November 27, 2025, the Company and the Sellers entered into a Supplementary Agreement to the LOI, pursuant to which the parties agreed that the Company would no longer purchase 100% of the equity interests of the Target Company and formally terminated the LOI and the Amended LOI in full effect.

The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

*(a)* *Financial Statements of Businesses or Funds Acquired* 

The financial statements required by this item are not being filed herewith. The Company will file the required financial statements as an amendment to this Current Report on Form 8-K as soon as practicable after the date hereof and not later than 71 days after the date this Current Report on Form 8-K would otherwise be required to be filed.

*(b)* *Pro Forma Financial Information* 

The pro forma financial information required by this item is not being filed herewith. The Company will file the required pro forma financial information as an amendment to this Current Report on Form 8-K as soon as practicable after the date hereof and not later than 71 days after the date this Current Report on Form 8-K would otherwise be required to be filed.

*(d)* *Exhibits* 

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Share Purchase Agreement, dated as of November 27, 2025, by and among FiEE, Inc., Yang Zhiqin and Lin Lin.](fiee_ex10-1.htm) |
| 10.2 | [Technology Transfer Agreement, dated as of November 27, 2025, by and between FiEE, Inc. and Lin Lin.](fiee_ex10-2.htm) |
| 99.1 | [Press Release of FiEE, Inc., dated December 2, 2025.](fiee_ex99-1.htm) |
| 104 | Cover Page Interactive Data (embedded within Inline XBRL document). |

---

<u>**SIGNATURES**</u>

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.** | **FIEE, INC.** |
| Date: December 2, 2025 | By: | */s/ Li Wai Chung* |
|  |  | Li Wai Chung |
|  |  | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**Share Purchase Agreement**

This Share Purchase Agreement (this "Agreement") is made and entered, by and between:

&nbsp;&nbsp;&nbsp;&nbsp;(1) Ms. Yang
Zhiqin ("Seller 1");

&nbsp;&nbsp;&nbsp;&nbsp;(2) Ms. Lin
Lin ("Seller 2", and together with the Seller 1, the "Sellers"); and

&nbsp;&nbsp;&nbsp;&nbsp;(3) FiEE,
Inc. ("Buyer"),

regarding transfer of shares of Houren-Geiju Kabushikikaisha (the "Company") held by each of the Sellers to the Buyer (the "Transaction").

---

| | |
|:---|:---|
| **Article 1** | **Transfer of Shares and Purchase Price** |

---

1 The Seller 1 agrees to sell and transfer to the Buyer, and the Buyer agrees to purchase from the Seller 1, one (1) common share of the Company (the "Share Transfer 1") in accordance with the terms and conditions of this Agreement.

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| | |
|:---|:---|
| 2 | The Seller 2 agrees to sell and transfer to the Buyer, and the Buyer agrees to purchase from the Seller 2, four hundred (400) common shares of the Company (the "Share Transfer 2", and together with the Share Transfer 1, the "Share Transfer") in accordance with the terms and conditions of this Agreement. |

---

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| | |
|:---|:---|
| 3 | The purchase price of the Share Transfer 1 shall be USD 1,246.88, calculated as USD 1,246.88× 1 share (the "Purchase Price 1"), and the purchase price of the Share Transfer 2 shall be USD 498,753.12, calculated as USD 1,246.88 × 400 shares (the "Purchase Price 2", and together with the Purchase Price 1, the "Purchase Prices"). |

---

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| | |
|:---|:---|
| **Article 2** | **Closing** |

---

1 The closing of the Share Transfer contemplated herein (the "Closing") shall take place on 30/11/2025(the "Closing Date").

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| | |
|:---|:---|
| 2 | At the Closing, the Share Transfer shall be carried out on the Closing Date by the Sellers delivering to the Buyer the shareholder register transfer request forms (kabunushi meibo meigi-utsushi seikyūsho) regarding the Transaction in the form prescribed by the Company and duly completed and executed by each Seller in exchange for the payment of the full amount of the Purchase Prices. |

---

3 The payment of the Purchase Prices shall be made on the Closing Date by wire transfer by the Buyer to each of the bank accounts respectively designated by the Sellers as set forth below. All bank transfer charges shall be borne by the Buyer.

The Seller 1:

The Seller 2:

4 Buyer shall, at its own responsibility, submit such forms to the Company and request entry of Buyer's name in the shareholder register.

---

| | |
|:---|:---|
| **Article 3** | **Representations and Warranties** |

---

1 The Sellers represent and warrant to the Buyer that the following statements are true and correct as of the date of this Agreement and as of the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Each
Seller has full power and authority to execute and perform this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) This
Agreement has been duly and validly executed by the Sellers, and upon due and valid execution by the Buyer, constitutes Sellers'
lawful, valid, and binding obligations, enforceable against the Sellers in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Each
Seller is the lawful and beneficial owner of the shares it sells hereunder, free and clear of any pledge, lien, security interest, or
other third-party rights.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Each
Seller

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) is
not and has never been, Anti-Social Forces;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) has
not provided funds or any benefits to, nor otherwise cooperated with or been involved in the maintenance or operation of, any Anti-Social
Forces through the provision of funds or any similar acts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) has
not used, for any purpose whatsoever, the influence or functions of any Anti-Social Forces;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) has
no interaction or relationship of any kind with any Anti-Social Forces;

and, further, the Sellers covenant that, in the future:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Each
Seller shall not, whether by itself or through any third party, engage in any violent acts, fraudulent acts, threatening remarks, or
acts of obstruction of business, or any similar acts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Each
Seller shall not, whether by itself or through any third party, engage in any acts that damage, or may damage, the honor or credit of
the Buyer; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Each
Seller shall not have any relationship whatsoever with any Anti-Social Forces.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) The
Company has been duly incorporated and is validly existing as a company under Japanese law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Each
Seller has duly requested approval of the Share Transfer, and the Company's competent body has duly approved the Share Transfer.

2 The Buyer represents and warrants to the Sellers that the following statements are true and correct as of the date of this Agreement and as of the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The
Buyer has been duly incorporated and is validly existing as a company under the laws of the State of Delaware, United States of America.
The Buyer has the full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
The execution, delivery, and performance of this Agreement by the Buyer have been duly authorized by all necessary corporate actions,
and do not violate the Buyer's articles of incorporation, or any other internal rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) This
Agreement has been duly and validly executed by Buyer, and upon due and valid execution by the Sellers, constitutes Buyer's lawful,
valid, and binding obligations, enforceable against Buyer in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The
Buyer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) is
not and has never been, Anti-Social Forces;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) has
not provided funds or any benefits to, nor otherwise cooperated with or been involved in the maintenance or operation of, any Anti-Social
Forces through the provision of funds or any similar acts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) has
not used, for any purpose whatsoever, the influence or functions of any Anti-Social Forces;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) has
no interaction or relationship of any kind with any Anti-Social Forces;

and, further, the Buyer covenant that, in the future:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) it
shall not, whether by itself or through any third party, engage in any violent acts, fraudulent acts, threatening remarks, or acts of
obstruction of business, or any similar acts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) it
shall not, whether by itself or through any third party, engage in any acts that damage, or may damage, the honor or credit of the Sellers;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) it
shall not have any relationship whatsoever with any Anti-Social Forces.

---

| | |
|:---|:---|
| **Article 4** | **Conditions Precedent to Closing** |

---

The obligation of each Party to complete the Closing shall be subject to satisfaction of the following conditions on or before the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;(1) The
representations and warranties of the Sellers and the Buyer stated in Article 3 hereof shall be true and correct in all material respects.

&nbsp;&nbsp;&nbsp;&nbsp;(2) The
Sellers and the Buyer shall have duly performed and complied with all of their respective obligations under this Agreement in all material
respects.

---

| | |
|:---|:---|
| **Article 5** | **Covenants** |

---

The Sellers shall, from the execution date of this Agreement until the Closing Date, operate the business of the Company in the ordinary course of business with the care of a prudent manager, and shall not engage in any action that may have a material adverse effect on the assets, properties, or rights of the Company.

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| | |
|:---|:---|
| **Article 6** | **Termination** |

---

If any Party materially breaches this Agreement and fails to cure such breach within a reasonable period after receiving written notice, the non-breaching Party may terminate this Agreement.

---

| | |
|:---|:---|
| **Article 7** | **Indemnification** |

---

If any Party breaches this Agreement, including any of its representations, warranties, or obligations, the breaching Party shall indemnify and hold harmless the non-breaching Party from and against damages and losses, including attorneys' fees and expenses, arising from such breach.

---

| | |
|:---|:---|
| **Article 8** | **Confidentiality** |

---

Each Party shall not, without the prior written consent of the other Party, disclose or leak to any third party the existence or terms of this Agreement, or any business, technical, or other information of the other Party obtained in connection with the Transaction. Each Party shall also not use any such information for any purpose other than the evaluation and implementation of the Transaction.

---

| | |
|:---|:---|
| **Article 9** | **Taxes and Public Charges** |

---

Any taxes, stamp duties, or other public charges arising out of the Share Transfer shall be borne by each Party in accordance with the applicable laws and regulations.

---

| | |
|:---|:---|
| **Article 10** | **Governing Law and Jurisdiction** |

---

1 This Agreement shall be governed by and construed in accordance with the laws of Japan.

2 The Parties agree that the Kyoto District Court shall be the exclusive court of first instance for any disputes arising out of or in connection with this Agreement.

---

| | |
|:---|:---|
| **Article 11** | **Consultation** |

---

In respect of any matter not provided for in this Agreement or any doubt arising from the interpretation of this Agreement, the Parties shall consult with each other in good faith and endeavor to resolve such matter amicably.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above. This Agreement is executed in three originals, each of which has been duly signed and sealed by both Parties, with each Party retaining one original. Alternatively, if this Agreement is executed in electronic form, each Party shall apply an electronic signature or other appropriate electronic method in place of a handwritten signature and retain a copy.

---

| | |
|:---|:---|
| Seller 1 | Seller 1 |
| Name: | Yang Zhiqin |
| Signature: | /s/ Yang Zhiqin |
| Date: | 2025/11/27 |
| Seller 2 | Seller 2 |
| Name: | Lin Lin |
| Signature: | /s/ Lin Lin |
| Date: | 2025/11/27 |
| Buyer | Buyer |
| Name: | Li Wai Chung |
| Title: | Authorized Signer |
| Signature: | /s/ Li Wai Chung |
| Date: | 2025/11/27 |

---

## Exhibit 10.2

**Exhibit 10.2**

**Technology Transfer Agreement**

This Technology Transfer Agreement (hereinafter referred to as "this Agreement") is signed by the following two parties on November 27, 2025 (the "Effective Date"):

FiEE, Inc., a company organized and validly existing under the laws of the United States and listed on the NASDAQ Stock Exchange in the United States, with company code [04-2621506] and registered address [2711 Centerville Road, Suite 400, Wilmington, New Castle County, Delaware 19808] (hereinafter referred to as "Buyer"); and

Lin Lin, China ID number: [320502197809172517] (hereinafter referred to as "the Seller").

The buyer and the seller are collectively referred to as the "Parties", and individually as the "Party".

**Article 1: Definition**

Unless otherwise agreed in this Agreement, the following terms shall have the following meanings:

"Subject Assets": all existing and pending intellectual property rights of the seller, including but not limited to: patents, patent applications, copyrights (including source code, databases, technical documentation), trademarks, trade secrets, backend technologies, algorithms, system frameworks, technical materials, relevant research and development achievements, ongoing research and development projects, as well as all customer information, customer contracts, customer data, customer service history records, etc. related to technical services.

"Delivery": The final completion of the asset purchase and transfer contemplated by this agreement.

"Transaction Consideration" refers to the total amount paid by the Buyer to the Seller under this Agreement, which is USD 3,000,000.

"Due diligence" encompasses investigations in financial, legal, tax, technical, and compliance aspects.

"Transition services" refers to the technical support, system migration, customer transfer processes, and other services provided by the seller to the buyer within a certain period of time to assist in the smooth transfer of intellectual property assets.

**Article 2: Transfer of the underlying assets**

1 The buyer agrees to purchase, and the seller agrees to sell, all intellectual property assets defined in this agreement, which shall be complete, transferable, and free of any encumbrances (except as expressly stated in this agreement).

2 The scope of assets shall be detailed through the "Intellectual Property Assets List" attached to this agreement, which shall constitute an integral part of this agreement.

3 The seller guarantees that the intellectual property assets transferred to the buyer are free from any third-party claims, disputes, pledges, licensing restrictions, or any other obstacles that hinder the transfer of ownership.

**Article 3: Transaction Consideration and Payment Method**

1 The purchase price for this transaction is USD 3 million.

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| | |
|:---|:---|
| 2 | The buyer shall pay the full consideration to the seller in a lump sum within five (5) working days after all of the following prerequisites are met: (1) the buyer completes due diligence; (2) the buyer's board of directors (if required) approves the transaction; (3) the buyer hires a third party to complete the evaluation (if required); (4) the seller completes all necessary internal approval procedures. |

---

3 The payment method for the buyer is bank wire transfer, and the seller should provide complete and valid information for the receiving account.

4 Unless otherwise agreed in writing by both parties, the consideration paid by the buyer shall be deemed as the full consideration for the subject assets, and no further compensation shall be paid.

**Article 4: Due diligence**

The seller shall grant the buyer and its agents access to the seller's premises and necessary information, so that the buyer can complete due diligence related to technology, law, finance, taxation, and intellectual property. The seller shall provide true, complete, and accurate information. If significant adverse matters are discovered during the due diligence, the buyer has the right to terminate this agreement without liability.

**Article 5: Services during the Transition Period**

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| | |
|:---|:---|
| 1 | Scope of transition services: (1) Technical system migration and integration services; (2) Complete delivery and explanation of source code, data, algorithms, models, technical documentation, etc.; (3) Transfer of customer information and assistance in customer communication; (4) Necessary technical support, technical explanations, and question answering provided by the seller's technical personnel; (5) Ensuring that the buyer can continuously and stably use the transferred intellectual property assets during the transition period. |

---

2 Service period: The transitional service period is six (6) months from the delivery date, which may be extended for three (3) months upon written application by the buyer. The seller shall not unreasonably refuse.

3 Service fee: The transition service has been included in the transaction consideration of this agreement, and the seller shall not charge additional fees unless a supplementary agreement is signed by both parties.

4 Personnel support: The seller shall ensure that its necessary engineers, technical personnel, and relevant employees participate in the transition services.

**Article 6: Representations and Warranties**

1 The seller declares and guarantees:

1 It is legally established and validly existing;

2 Enjoy complete ownership of the underlying assets and have the right to sell them;

3 The underlying assets are free from any encumbrances, and to the best of the seller's knowledge, they do not infringe upon the rights and interests of any third party;

4 I will not use the relevant technology for any commercial activities in the future.

2 The buyer declares and guarantees:

1 It is legally established and validly existing;

2 Possess the authority to sign this agreement;

3 We will comply with SEC disclosure obligations and other regulatory requirements.

**Article 8: Delivery**

1 Delivery time and location: The delivery date shall be within five (5) working days after all prerequisites under this agreement have been met, and the location shall be determined in writing by the buyer and seller.

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| | |
|:---|:---|
| 2 | The seller shall deliver to the buyer on the delivery date: (1) complete delivery materials for all intellectual property assets, including source code, technical documentation, databases, research and development materials, algorithm models, internal tools, etc.; (2) all business-related documents such as customer information, contract texts, customer service records, etc.; (3) registration documents, authorization documents, and declaration documents required for the transfer of intellectual property; (4) internal approval documents of the seller and consent documents from the board of directors/shareholders (if necessary); (5) all system access permissions required for the commencement of transitional services. |

---

3 Buyer's delivery obligation: The buyer shall complete the payment of all consideration in accordance with the payment terms of this agreement on the delivery date.

4 Risk and ownership transfer: The ownership and risk of the asset shall be transferred to the buyer simultaneously upon the completion of payment of the consideration and the asset handover steps from the delivery date.

5 Delivery assistance: Both parties shall cooperate to complete all delivery procedures, including intellectual property change registration, system switching, and account permission delivery, within Japan.

**Article 9: Confidentiality**

1 Both parties shall strictly keep confidential any trade secrets, technical information, customer information, etc. obtained during the process of this agreement, due diligence, technical delivery, transition services, and delivery.

2 The confidentiality obligation shall take effect from the date of signing the agreement and shall last for five (5) years; in cases involving trade secrets, the confidentiality obligation shall not be subject to any time limit.

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| | |
|:---|:---|
| 3 | The following situations shall not be deemed as breaches of confidentiality obligations: (1) Information that has become public knowledge; (2) Information that must be disclosed due to legal or regulatory requirements (including SEC disclosures), provided that the disclosing party shall make its best efforts to notify the other party in advance in writing; (3) Information obtained by the receiving party from a legitimate third party without any confidentiality obligations. |

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4 Disclosure by internal and professional advisors: Both parties may disclose information to their executives, employees, lawyers, accountants, and auditing institutions within the scope of "necessary knowledge", but they shall be required to comply with confidentiality obligations of the same level.

**Article 10: Application and Dispute Resolution**

This agreement shall be governed by and construed in accordance with the laws of Hong Kong. Any dispute arising from or related to this agreement shall be resolved through consultation between the parties. If the consultation fails to reach a settlement, either party may submit the dispute to the jurisdiction of Hong Kong for adjudication.

**Article 11: Miscellaneous**

1 This agreement shall come into effect from the date of its signing by both parties.

2 This agreement constitutes the entire agreement between the parties regarding this transaction, and no modifications shall be made without a written document duly signed by all parties

This agreement is executed in four original copies, each of which holds the same legal effect.

(This page is intentionally left blank and serves as the signature page for the Technology Transfer Agreement.)

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| |
|:---|
| Buyer: **FiEE, Inc.** |
| Authorized Representative: Li Wai Chung |
| /s/ Li Wai Chung |
| Seller: **Lin Lin** |
| Authorized Representative: |
| /s/ Lin Lin |

---

## Exhibit 99.1

**Exhibit 99.1**

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

**Hong Kong, 2 December 2025** — 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**

<u>fiee@dlkadvisory.com</u>

Source: FiEE, Inc.