Common Stock, par value $.001 per share
- Symbol
- FKWL
- Exchange
- NASDAQ
- Classification
- COMMON
Current Report · Items 8.01 · 8-K
Franklin Wireless Corp.
FKWLNASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events On July 28th, the Seoul Central District Court (62nd Civil Division) issued a ruling against Franklin Technology Inc. (“FTI”), a South Korea-based subsidiary of Franklin Wireless Corp. (the “Company”), in a legal proceeding brought by Partron Co., Ltd. (“Partron”).…
Company context
Current securities
Historical securities (1)
Registered securities in this filing
Franklin Wireless Corp. · 8-K · Filed 2026-07-31
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events
On July 28th, the Seoul Central District Court
(62nd Civil Division) issued a ruling against Franklin Technology Inc. (“FTI”), a South Korea-based subsidiary of Franklin
Wireless Corp. (the “Company”), in a legal proceeding brought by Partron Co., Ltd. (“Partron”).
The court ordered FTI to pay damages to Partron
in the amount of approximately $3,673,336 USD, plus accrued interest at a rate of 5% per annum from November 4, 2022 through July 16,
2026, and ongoing post-judgment interest at a rate of 12% per annum from July 17, 2026 until full payment is made. The dispute relates
to a commercial contract for the development and production of devices.
The Company, through FTI, is currently reviewing
the court’s written decision with its legal counsel to evaluate all available legal options, including filing an appeal to a higher
court. The Company intends to vigorously defend its position.