secwatch.observer — SEC 8-K summary
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Issuer:     SOCKET MOBILE, INC. (SCKT)
CIK:        0000944075
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000944075-24-000021
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Socket Mobile extends convertible note maturity to August 30, 2025
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- Secured subordinated convertible note maturity extended from August 30, 2024 to August 30, 2025.
- Original note of $1,530,000 issued August 2020; previously amended November 2022 extending to August 2024.
- Related parties (Chairman Charlie Bass, CEO Kevin Mills, CFO Lynn Zhao) hold notes; special committee approved.
- All other terms and conditions of the notes remain in full force and effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944075/000094407524000021/0000944075-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944075/000094407524000021/form-8k0501.htm
  HTML page:      https://secwatch.observer/filing/0000944075-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer