SCHEDULE: FiEE, Inc. Stakeholders Adjust Holdings in Amendment No. 6

Sentiment:

Beneficial Ownership Filing Update


FiEE, Inc. reports an update to beneficial ownership filings by Cao Yu, Hu Bin, Youxin Consulting Ltd., and Li Wai Chung, reflecting changes in outstanding shares rather than new transactions.

Summary

  • This filing is an amendment (Amendment No. 6) to a Schedule 13D, updating the beneficial ownership information for FiEE, Inc. common stock.
  • The reporting persons are Cao Yu, Hu Bin, Youxin Consulting Ltd., and Li Wai Chung.
  • The amendment is filed solely due to an increase in FiEE, Inc.'s total outstanding shares of Common Stock, not because of any new transactions by the reporting persons.
  • Cao Yu beneficially owns 4,615,012 shares, representing 40.6% of the class.
  • Hu Bin beneficially owns 3,125,745 shares, representing 29.5% of the class.
  • Youxin Consulting Ltd. and Li Wai Chung each beneficially own 649,254 shares, representing 7.2% of the class each.
  • The beneficial ownership includes shares of Common Stock issuable upon conversion of Series A Convertible Preferred Stock and exercise of warrants.
  • The percentages are based on 11,358,244 shares of Common Stock deemed outstanding for Cao Yu's filing, 10,600,684 for Hu Bin's, and 8,977,852 for Youxin Consulting and Li Wai Chung's filings, as of April 27, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as having a neutral to slightly negative sentiment due to its nature as a procedural update that doesn't offer new strategic insights, but it does confirm existing significant holdings.

Positives

  • The filing clarifies that there have been no new transactions by the reporting persons in the Issuer's securities within the past 60 days.
  • The reporting persons continue to hold significant stakes in FiEE, Inc., indicating ongoing investment interest.

Risks

  • The 'Preferred Blocker' provision limits the conversion of Series A Convertible Preferred Stock into more than 19.99% of the Issuer's outstanding Common Stock prior to the original issuance date, potentially capping the effective ownership percentage through preferred stock conversion.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is an update to beneficial ownership information.

Industry Context

StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant ownership changes and potential shifts in control or influence within publicly traded companies. This amendment, however, appears to be a procedural update due to changes in the issuer's outstanding share count, rather than a reflection of new investment strategies or activist intentions by the reporting persons.

Stakeholder Impact

  • Shareholders: The filing provides transparency on the beneficial ownership of FiEE, Inc. common stock, which is important for understanding the concentration of ownership and potential influence.
  • Management: The reporting persons' significant stakes may influence management decisions and strategic direction.

Key Dates

DateDescription
2025-02-25Original Schedule 13D filing date.
2025-04-14Amendment No. 1 filing date.
2025-05-13Amendment No. 2 filing date.
2025-05-29Amendment No. 3 filing date.
2025-08-25Amendment No. 4 filing date.
2026-01-08Amendment No. 5 filing date and signature date for Youxin Consulting Ltd.
2026-04-27Date of Issuer's records for outstanding Common Stock used in calculations.
2026-04-30Date of Event Which Requires Filing of This Statement.
2026-05-04Signature date for Cao Yu, Hu Bin, and Li Wai Chung.

Keywords

Schedule 13D, FiEE, Inc., Beneficial Ownership, Cao Yu, Hu Bin, Youxin Consulting Ltd., Li Wai Chung, Series A Convertible Preferred Stock, Warrants, Common Stock, Amendment No. 6

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