FiEE Enters Into Asset Purchase Agreement With Suzhou Yixuntong To Acquire Intellectual Property And Fixed Assets For $1.40M
Author: Benzinga Newsdesk | July 02, 2025 03:34pm
FiEE, Inc. (NASDAQ:MINM) ("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 June 30, 2025, it entered into an asset purchase agreement with Suzhou Yixuntong Network Technology Co., Ltd. ("Yixuntong") to acquire intellectual property and fixed assets for a total purchase price of USD1,400,000 (the "Acquisition"). The Acquisition was structured as a simultaneous sign and close transaction which closed on June 30, 2025.
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