debt
confidence high
sentiment neutral
materiality 0.50
Socket Mobile extends $1.53M convertible note maturity from 2025 to 2027
SOCKET MOBILE, INC.
- Maturity of Secured Subordinated Convertible Note extended to August 30, 2027 from August 30, 2025.
- All other terms and conditions of the note remain unchanged.
- Extension approved by disinterested directors; insiders (Chairman, CEO, CFO) hold outstanding notes.
item 1.01item 9.01