Home / Restatements / FiEE, Inc.
Filed 2025-04-10 路 Form 8-K 路 Accession 0001829126-25-002543 nano
Price before filing: $0.95 (2025-04-09 close, split/dividend-adjusted)
Market cap at flag: $4.8M (2025-04-10) 路 Latest: $30.0M (2026-10-16)
| Window | FIEE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +151.6% | +6.3% | +145.3% | 2025-05-12 |
| 90 days | +280.0% | +14.1% | +265.9% | 2025-07-09 |
| 180 days | +190.5% | +22.7% | +167.9% | 2025-10-07 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 2 insiders bought $1.4M (2 purchases, 1 without a usable price)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-04-10: red flag filed | |||||||
| 2025-05-09 | Bin Hu Director, 10% owner | Purchase | 853,659 | $1.64 | $1.4M | no | Form 4 |
| 2025-05-09 | Yu Cao Chief Financial Officer, Director, 10% owner | Purchase | 1,585,366 | $1.64 | check filing | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-10 to 2025-05-10. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"On April 9, 2025, the board of directors (the "Board") of the Company, after discussion with management, reached a determination that the Company's financial statements as of and for the year ended December 31, 2023 included in its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and as of and for the interim periods ended March 31, 2024, June 30, 2024 and September 30, 2024 included in its..."
Quoted from the filing. Source
The company says previously issued financial statements (or the auditor's report on them) should no longer be relied upon (8-K Item 4.02). Non-reliance on the financial statements themselves is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.
Scope: previously issued financial statements
Why this score: also within 90 days: Going-concern doubt
Read the original filing on SEC.gov →
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