---
schema_version: "secwatch.filing_event.v1"
accession: "0000944075-25-000029"
form_type: "8-K"
ticker: "SCKT"
cik: "0000944075"
company_name: "SOCKET MOBILE, INC."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T03:51:01.778934+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Socket Mobile closes $1.5M secured convertible note financing at 10% interest

## Summary
- $1.5M in 3-year secured subordinated convertible notes due May 30, 2028; proceeds for working capital.
- Notes carry 10% annual interest payable quarterly; principal convertible at $1.07 per share.
- Insiders (CEO, CFO, Chairman, directors, controller, CTO) participated; special committee approved.
- Notes secured by company assets, subordinated to Western Alliance Bank senior debt.

## SEC filing metadata
- accession: 0000944075-25-000029
- form_type: 8-K
- ticker: SCKT
- cik: 0000944075
- company_name: SOCKET MOBILE, INC.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944075/000094407525000029/0000944075-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944075/000094407525000029/form-8k0602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944075-25-000029
- JSON: https://secwatch.observer/filing/0000944075-25-000029.json
- Plain text: https://secwatch.observer/filing/0000944075-25-000029.txt

## Key facts
- Debt Financings
  SOCKET MOBILE, INC. incurred convertible notes of $1,500,000 at 10% per year maturing May 30, 2028.
  - Instrument: convertible notes
  - Principal: $1,500,000
  - Rate: 10% per year
  - Maturity: May 30, 2028
  - Event: incurrence
  source text: On May 30, 2025, Socket Mobile, Inc. (the “Company”) completed a secured subordinated convertible note financing of $1,500,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/944075/000094407525000029/0000944075-25-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.