---
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"
generated_at: "2026-06-14T06:25:47.413230+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs extends convertible notes maturity to May 2024, lowers conversion price to $2.046

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026514
- JSON: https://secwatch.observer/filing/0000950170-23-026514.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026514.txt

## Key facts
- Material Agreements
  SemiLEDs Corp amended Third Amendment to Convertible Unsecured Promissory Notes with J.R. Simplot Company and Trung Doan (effective 2023-06-06).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: J.R. Simplot Company and Trung Doan
  - Effective: 2023-06-06
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1333822/000095017023026514/0000950170-23-026514-index.htm

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