{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-004849","form_type":"8-K","ticker":null,"cik":"0001781405","company_name":"Odyssey Semiconductor Technologies, Inc.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.500580+00:00","generated_at":"2026-06-05T23:16:57.984090+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Odyssey Semiconductor issues $315k secured convertible notes to Chairman's trust at 10% interest","bullets":["$190k note on Feb 13 and $125k note on Feb 14 issued to Nina and John Edmunds 1998 Family Trust, chaired by John Edmunds.","10% non-compounding interest payable in common stock; maturity June 30, 2025.","Conversion at 80% of public offering price in a $5M+ IPO or exchange listing, or at average 20-day closing price otherwise.","Notes secured by all company assets; rank senior to all debt except prior notes to same holder totaling >$4M.","Interest paid in shares at conversion price; upon Corporate Transaction, holder receives 200% of principal plus interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-004849","json":"https://secwatch.observer/filing/0001437749-24-004849.json","markdown":"https://secwatch.observer/filing/0001437749-24-004849.md","text":"https://secwatch.observer/filing/0001437749-24-004849.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924004849/0001437749-24-004849-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924004849/odii20240220_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:16:57.984090+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":"60c852e3521b330dc5359cb7a25dc54e0769cb7e","claim":"Odyssey Semiconductor Technologies, Inc. incurred convertible notes of $190,000 with Nina and John Edmunds 1998 Family Trust dated January 27, 1998 at ten percent (10%) per annum maturing June 30, 2025.","evidence_excerpt":"On February 13, 2024 and February 14, 2024, Odyssey Semiconductor Technologies, Inc. (the “Company”) issued a secured convertible promissory note in the amount of $190,000 and a secured convertible promissory note in the amount of $125,000 (the “Promissory Notes”), respectively, to the Nina and John Edmunds 1998 Family Trust dated January 27, 1998 (the “Edmunds Trust”), of which the Company’s Chairman, John Edmunds, is the trustee.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924004849/0001437749-24-004849-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$190,000"},{"label":"Counterparty","value":"Nina and John Edmunds 1998 Family Trust dated January 27, 1998"},{"label":"Rate","value":"ten percent (10%) per annum"},{"label":"Maturity","value":"June 30, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7a9846eb1d855532b1d0065a42b7e7d5791fa206","claim":"Odyssey Semiconductor Technologies, Inc. incurred convertible notes of $125,000 with Nina and John Edmunds 1998 Family Trust dated January 27, 1998 at ten percent (10%) per annum maturing June 30, 2025.","evidence_excerpt":"On February 13, 2024 and February 14, 2024, Odyssey Semiconductor Technologies, Inc. (the “Company”) issued a secured convertible promissory note in the amount of $190,000 and a secured convertible promissory note in the amount of $125,000 (the “Promissory Notes”), respectively, to the Nina and John Edmunds 1998 Family Trust dated January 27, 1998 (the “Edmunds Trust”), of which the Company’s Chairman, John Edmunds, is the trustee.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924004849/0001437749-24-004849-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$125,000"},{"label":"Counterparty","value":"Nina and John Edmunds 1998 Family Trust dated January 27, 1998"},{"label":"Rate","value":"ten percent (10%) per annum"},{"label":"Maturity","value":"June 30, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}