Brief: SemiLEDS Says On August 17, Got Offer From Xian Chang Ma, To Buy 680,000 Shares Of Co's Common Stock At $3/Share

Semileds

20/08/2019 21:38

Aug 20 (Reuters) - SemiLEDs Corp  LEDS.O :
    * SEMILEDS - ON AUGUST 17, GOT OFFER FROM XIAN CHANG MA, TO
BUY
680,000 SHARES OF CO'S COMMON STOCK AT $3/SHARE
    * SEMILEDS CORP -  UPON CLOSING OF SALE, BOARD OF DIRECTORS
EXPECTS TO NOMINATE XIAN CHANG MA TO CO'S BOARD OF DIRECTORS
    * SEMILEDS CORP - COMPANY'S BOARD WILL DECIDE WHETHER TO
PURSUE
OFFER ON OR BEFORE 5:00PM EST AUGUST 30TH, 2019
    * SEMILEDS - OFFER ALSO CONTEMPLATES THAT CO WOULD CHANGE
CHINESE
NAME OF PRINCIPAL UNIT FROM SEMILEDS OPTOELECTRONICS CO TO
SEMILEDS TENGJUN TECHNOLOGY CO

Source text: (https://bit.ly/2TMrLhb)
Further company coverage:  LEDS.O 

 ((Reuters.Briefs@thomsonreuters.com;))