Friday, July 8, 2016

SemiLEDs Corp. (LEDS) Surged To A New High After Dr. Peter Chiou Buys A Stake

SemiLEDs Corp. (LEDS) announced Wednesday that Dr. Peter Chiou will purchase 577,000 shares of the Company's common stock at $5.00 per share. Dr. Chiou also intends to subscribe to a $1,615,000 SemiLEDs Corporation's 0% interest convertible note with a September 29, 2017 maturity date.

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