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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective March 25, 2026, the Board of Directors has appointed Bill Bauer to serve as the Chief Operating Officer of the Company. Bill has served as General Counsel and Director of Strategic planning for the Company since January 2020 and also served as Interim CFO from September 2022 until January 1, 2025. Prior to joining Franklin, Bill served as…
Other Events. On November 4, 2025, the Board of Directors of Franklin Wireless Corp. (the “Company”) declared a cash dividend of $0.04 per share of the Company’s common stock. The dividend is payable on December 2, 2025 to stockholders of record as of November 14, 2025. The declaration and payment of any future dividends will be at the discretion of the Board of Directors and will depend upon the Company’s financial condition, results of operations, capital requirements, and other factors the…
Entry into a Material Definitive Agreement. On May 8, 2025 the Company entered into an agreement with OC Kim, its Chief Executive Officer and a director, by which the Company agreed to repurchase fully-vested options to purchase 200,000 shares of the Company’s Common Stock from Mr. Kim for $746,066.67. The options had been granted under the Company’s 2020 Stock Option Plan. The transaction is scheduled to close on May 15,2025. 2 SIGNATURE Pursuant to the requirements of the Securities Exchang…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Effective February 17, 2025, the Board of Directors appointed Ira Greenstein to the Board of Directors to replace Mr. Gary Nelson who resigned his position on the Board, also on February 17, 2025. Mr. Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm. He previously served as Deputy Assistant and Strategist to the President…
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