{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-008136","form_type":"8-K","ticker":null,"cik":"0001781405","company_name":"Odyssey Semiconductor Technologies, Inc.","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.502357+00:00","generated_at":"2026-06-04T17:40:47.640069+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Odyssey Semiconductor to sell substantially all assets for $9.52M cash","bullets":["Asset Purchase Agreement with a large semiconductor buyer for $9.52M cash.","Go-shop period runs to April 1, 2024; company may solicit alternative proposals.","Closing expected on or around July 1, 2024, subject to stockholder approval and conditions.","Termination fees: if Seller terminates for superior proposal, larger of 4% of offer or $0.5M; Buyer can terminate without cause for $1.5M.","Buyer's name withheld until April 1, 2024; buyer described as a large semiconductor company."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-008136","json":"https://secwatch.observer/filing/0001437749-24-008136.json","markdown":"https://secwatch.observer/filing/0001437749-24-008136.md","text":"https://secwatch.observer/filing/0001437749-24-008136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924008136/0001437749-24-008136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924008136/odii20240312_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T17:40:47.640069+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":"598093c728c0f8e802fb6e3c1b9dd2e43020aaf5","claim":"Odyssey Semiconductor Technologies, Inc. entered into Asset Purchase Agreement with a large semiconductor company valued at $9,520,000 in cash (effective 2024-03-12).","evidence_excerpt":"On March 12, 2024, Odyssey Semiconductor Technologies, Inc., a Delaware corporation (the “ Company ”), entered into an Asset Purchase Agreement (the “ Asset Purchase Agreement ”) with Odyssey Semiconductor, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“ Seller ”), JR2J, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Seller (“ JR2J ”, together with the Seller and the Company, the “ Seller Parties ”), and a large semiconductor company (“ Buyer ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1781405/000143774924008136/0001437749-24-008136-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"a large semiconductor company"},{"label":"Value","value":"$9,520,000 in cash"},{"label":"Effective","value":"2024-03-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}