SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report: January 3, 2025

Franklin Wireless Corp.

(Exact name of registrant as specified in its charter)

3940 Ruffin Road, Suite C

San Diego, CA 92123

(Address of principal executive offices)

Registrant's telephone number, including area code:

(858) 623-0000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 5 - Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective January 1, 2025, Bill Bauer has resigned as acting Chief Financial Officer of the Company. Mr. Bauer's resignation was not the result of any disagreement with respect to the Company's operations, policies, or practices. Bill will continue to serve as General Counsel and Director of Strategic planning for the Company, as he has done since January 2020.

Also, effective January 1, 2025, the Board of Directors has appointed Reid Granados to serve as Interim Chief Financial Officer of the Company.

Prior to joining Franklin, he served as senior financial executive for various private entities operating mainly in the retail e-commerce sector. Prior to that, he served as Director of Finance for Ryvyl, a blockchain-based payments technology company based in San Diego, and as Chief Financial Officer for ChargeSavvy, a point-of-sale technology company based outside Chicago. He has over twenty years of experience in finance, executive management, and operations. He holds a Juris Doctor and Master’s in Business Administration from DePaul University in Chicago.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.