---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-021845"
form_type: "8-K"
ticker: null
cik: "0001781405"
company_name: "Odyssey Semiconductor Technologies, Inc."
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:48:42.228943+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Odyssey Semiconductor sells all assets to Power Integration; initiates dissolution

## Summary
- Closed asset sale of substantially all assets to Power Integration on July 1, 2024.
- Stockholders approved sale and plan of dissolution at June 3 special meeting.
- Common stock downgraded from OTC QB to OTC Pink; company ceasing operations.
- Plan to pay liquidating distribution to common shareholders if funds available.

## SEC filing metadata
- accession: 0001437749-24-021845
- form_type: 8-K
- cik: 0001781405
- company_name: Odyssey Semiconductor Technologies, Inc.
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781405/000143774924021845/0001437749-24-021845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781405/000143774924021845/odii20240702_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-021845
- JSON: https://secwatch.observer/filing/0001437749-24-021845.json
- Plain text: https://secwatch.observer/filing/0001437749-24-021845.txt

## Key facts
- M&A Transactions
  Odyssey Semiconductor Technologies, Inc. completed a disposition involving Power Integration Inc. (closed 2024-07-01).
  - Action: disposition
  - Counterparty: Power Integration Inc.
  - Closing: 2024-07-01
  source text: On July 1, 2024, pursuant to the Asset Purchase Agreement and subject to the satisfaction or waiver of certain conditions and limitation provided therein, the Seller Parties and Power Integration closed the sales, transfer and assignment of substantially all of the Company’s assets (the “Asset Sale”) to Power Integration.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781405/000143774924021845/0001437749-24-021845-index.htm

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