Item 1.01. Entry into a Material Definitive Agreement.

On January 8, 2019, the Company entered into loan agreements with each of the Chairman and Chief Executive Officer and its largest shareholder of the Company, with aggregate amounts of $1.7 million and $1.5 million, respectively, and an annual interest rate of both 8%. All proceeds of the loans were exclusively used to return the deposit to Formosa Epitaxy Incorporation in connection with the cancelled proposed sale of the Company's headquarters building pursuant to the agreement dated December 15, 2015. The Company was initially required to repay the loans of $1.5 million on January 14, 2021 and $1.7 million on January 22, 2021. On January 16, 2021, the maturity date of these loans was extended to January 15, 2022, and on January 14, 2022, the maturity date of these loans was further extended to January 15, 2023. On January 13, 2023, the maturity date of these loans was extended with same terms and interest rate for one more year to January 15, 2024.

The foregoing description of the Third Amendment to Loan Agreements are attached as Exhibit 1.1 and Exhibit 1.2 to this Current Report on the Form 8-K (this "Current Report") and are incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.

Exhibit No.                                 Description

    1.1         Third Amendment to Loan Agreement dated January 13, 2023 between
              SemiLEDs Corporation and J.R. Simplot Company

    1.2         Third Amendment to Loan Agreement dated January 13, 2023 between
              SemiLEDs Corporation and Trung Doan

    104       Cover Page Interactive Data File - the cover page iXBRL tags are
              embedded within the Inline XBRL document.




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