{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-026514","form_type":"8-K","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2023-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.481393+00:00","generated_at":"2026-06-14T06:25:47.413230+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SemiLEDs extends convertible notes maturity to May 2024, lowers conversion price to $2.046","bullets":["Extended maturity of $1.4M total convertible notes from May 30, 2023 to May 30, 2024.","Conversion price reduced from $3.00 to $2.046 per share for both notes.","Notes held by Simplot Taiwan ($1.2M principal) and CEO Trung Doan ($200k principal).","All other terms and conditions of the notes remain unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-026514","json":"https://secwatch.observer/filing/0000950170-23-026514.json","markdown":"https://secwatch.observer/filing/0000950170-23-026514.md","text":"https://secwatch.observer/filing/0000950170-23-026514.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023026514/0000950170-23-026514-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023026514/leds-20230606.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:25:47.413230+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"deed21b6909bb5dd3b29b3c2ac3b93fa9d5b3cf9","claim":"SemiLEDs Corp amended Third Amendment to Convertible Unsecured Promissory Notes with J.R. Simplot Company and Trung Doan (effective 2023-06-06).","evidence_excerpt":"On June 6, 2023, the Company entered into the Third Amendment to Convertible Unsecured Promissory Notes (“Third Amendments”) to amend the Notes to (i) extend the maturity date from May 30, 2023 to May 30, 2024, and (ii) change the conversion price from $3 to $2.046.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023026514/0000950170-23-026514-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"J.R. Simplot Company and Trung Doan"},{"label":"Effective","value":"2023-06-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}