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SemiLEDS soars after insider buying action

Jul. 07, 2016 9:35 AM ETSemiLEDs Corporation (LEDS) StockLEDSBy: Clark Schultz, SA News Editor3 Comments
  • SemiLEDS (LEDS +35.5%) soars after disclosing a large insider buy.
  • Dr. Peter Chiou acquired 577K shares at $5.00 per share in a structured deal to account for close to 20% of all shares. Chiou is also subscribing to a $1.615M 0%-interest SemiLEDs convertible note.
  • SEC Form 8-K

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