secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001564590-22-021324
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SemiLEDs extends $2M convertible notes with J.R. Simplot, CEO to May 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000156459022021324/0001564590-22-021324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000156459022021324/leds-8k_20220526.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-021324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer