secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001564590-22-001400
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SemiLEDs extends CEO and largest shareholder loans of $3.2M to Jan 2023 at 8%
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- Chairman/CEO loan of $1.7M and largest shareholder loan of $1.5M extended one year to January 15, 2023.
- Both loans carry 8% annual interest; terms otherwise unchanged from 2019 originals.
- Proceeds were used in 2019 to return deposit to Formosa Epitaxy after cancellation of building sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000156459022001400/0001564590-22-001400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000156459022001400/leds-8k_20220114.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-001400

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