Interactive Brokers shares jump as it secures spot in S&P 500
HONG KONG - FiEE, Inc., formerly known as Minim, Inc., announced that its common stock will begin trading under the new ticker symbol "FIEE" on Nasdaq starting July 10, replacing its current symbol "MINM" (NASDAQ:MINM). The company’s stock, which has shown significant volatility with a beta of 4.73, has surged over 520% in the past six months, according to InvestingPro data.
The ticker change follows the company’s recent rebranding from Minim to FiEE, reflecting its strategic shift toward technology integration across IoT, connectivity, and AI for brand management solutions. With a current market capitalization of $15.28 million, the company appears overvalued based on InvestingPro’s Fair Value analysis.
According to the company’s press release statement, FiEE has made several business developments in 2025, including launching new SaaS products for content creators in March, securing new client contracts, and participating in an international trade fair at INTEX Osaka. Despite these developments, InvestingPro data reveals the company’s overall financial health score remains weak at 1.42, with negative EBITDA of $1.21 million in the last twelve months.
The company also reported acquiring intellectual property and assets from Suzhou Yixuntong Network Technology Co., including product authentication technologies and blockchain-powered KYC solutions.
"This year holds paramount significance for our company. We have successfully completed key acquisitions to enhance operational excellence and diversify our product portfolio," said Rafael Li, Chief Executive Officer of FiEE, in the announcement.
The company stated that no action is required from stockholders regarding the ticker symbol change, and the CUSIP number will remain unchanged.
FiEE, Inc., founded in 1977, describes itself as a technology company that originally focused on WiFi and SaaS platforms before transitioning to a "Software First Model" in 2023. The company now offers services across cloud-managed connectivity, IoT hardware, SaaS solutions, and professional services.
In other recent news, FiEE, Inc. has completed the acquisition of intellectual property and fixed assets from Suzhou Yixuntong Network Technology Co., Ltd. for $1.4 million. This transaction, finalized on June 30, includes technologies such as product authentication, file transfer systems, and blockchain-powered KYC solutions. These assets consist of over twenty software copyrights and three core patents, which are anticipated to enhance FiEE’s service offerings. The acquired technologies feature algorithmic verification and efficient file transfer systems, particularly beneficial for large-capacity video uploads. FiEE’s CEO, Rafael Li, noted that integrating these technologies is expected to improve the platform’s capabilities and create new revenue streams. Additionally, since March, FiEE has secured 85 sales contracts through SaaS platform integration, generating contract values exceeding $400,000. This development follows the company’s rebranding from Minim, Inc. in 2025, highlighting its focus on IoT, connectivity, and AI solutions.
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