secwatch.observer — SEC 8-K summary
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Issuer:     SOCKET MOBILE, INC. (SCKT)
CIK:        0000944075
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0000944075-26-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Socket Mobile extends convertible note maturity from 2026 to 2028
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- Extended maturity of $1.6M secured subordinated convertible notes from May 26, 2026 to May 26, 2028.
- Notes originally issued May 2023; all other terms and conditions remain unchanged.
- Special committee of board approved extension due to director noteholders Charlie Bass (Chairman) and Bill Parnell.
- Total principal amount outstanding remains $1.6M; conversion terms and interest rate unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944075/000094407526000018/0000944075-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944075/000094407526000018/form-8k0318.htm
  HTML page:      https://secwatch.observer/filing/0000944075-26-000018

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