Form 4: FiEE Inc. CFO Yu Cao Reports Beneficial Ownership Changes

Chief Financial Officer Yu Cao reports changes in beneficial ownership of FiEE, Inc. securities, including Series A Convertible Preferred Stock convertible into common stock, following a transaction on April 10, 2025.

Summary

• Yu Cao, the Chief Financial Officer of FiEE, Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report indicates a transaction occurred on April 10, 2025, involving Series A Convertible Preferred Stock.
• Cao acquired 15,913 shares of Series A Convertible Preferred Stock, which are convertible into common stock at a ratio of 1.4 shares of common stock per share of preferred stock, subject to a 19.99% beneficial ownership limitation.
• The Series A Convertible Preferred Stock can be voted on an as-converted basis without regard to the beneficial ownership limitation.
• The right to convert the preferred stock does not expire.
• The Series A Convertible Preferred Stock were transferred to Yu Cao for no additional consideration beyond the consideration provided in that certain Amended and Restated Securities Purchase Agreement on February 18, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It is a standard practice required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The change in beneficial ownership may have a minor impact on shareholders, depending on the significance of the transaction and the potential for conversion of preferred stock into common stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Series A Convertible Preferred Stock, Common Stock, Yu Cao, FiEE, Inc., MINM, CFO