SemiLEDs extends maturity of $3.2M related-party loans by one year to Jan 2024

SemiLEDs Corp

Loans from Chairman Trung Doan ($1.7M) and largest shareholder J.R. Simplot ($1.5M), each at 8% interest, extended to Jan 15, 2024.
Proceeds were used to return deposit to Formosa Epitaxy for cancelled building sale.
No changes to interest rate or other terms; this is the third maturity extension.
Both lenders are insiders of the company; transaction is a related-party amendment.

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