{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-014502","form_type":"8-K","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2026-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.872166+00:00","generated_at":"2026-05-16T09:45:21.623126+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"SemiLEDs extends loan maturities to Jan 2027; capitalizes $364,925 interest with Simplot Taiwan","bullets":["Maturity of loans from Simplot Taiwan Inc. and Trung Doan extended to January 15, 2027.","Unpaid interest of $364,924.63 capitalized into Simplot Taiwan loan principal, new principal $664,924.63.","Trung Doan loan extension with no change to principal or other terms; original principal $1.7M.","Both loans carry 8% annual interest, secured by second priority on headquarters."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-014502","json":"https://secwatch.observer/filing/0001193125-26-014502.json","markdown":"https://secwatch.observer/filing/0001193125-26-014502.md","text":"https://secwatch.observer/filing/0001193125-26-014502.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526014502/0001193125-26-014502-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526014502/leds-20260115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:45:21.623126+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":"a3233abbd8283a6d93c228574840b2b23a3afe47","claim":"SemiLEDs Corp entered into Loan Agreements with Trung Doan and J.R. Simplot Company valued at 1.7 million and 1.5 million at 8% interest (effective 2019-01-08).","evidence_excerpt":"On January 8, 2019, the Company entered into secured loan agreements with Trung Doan, its Chairman and Chief Executive Officer and J.R. Simplot Company, its largest shareholder, with aggregate amounts of $1.7 million and $1.5 million, respectively, and an annual interest rate of 8% (the \"Loan Agreements\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333822/000119312526014502/0001193125-26-014502-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Trung Doan and J.R. Simplot Company"},{"label":"Value","value":"1.7 million and 1.5 million at 8% interest"},{"label":"Effective","value":"2019-01-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}