debt
confidence high
sentiment neutral
materiality 0.50
SemiLEDs extends $2M convertible notes with J.R. Simplot, CEO to May 2023
SemiLEDs Corp
- Convertible notes of $1.5M (Simplot) and $500K (CEO Trung Doan) extended by one year.
- Notes bear 3.5% annual interest, convertible at $3.00 per share.
- New maturity date is May 30, 2023; all other terms unchanged.