Announcement • Jul 02
Power Integrations, Inc. (NasdaqGS:POWI) completed the acquisition of assets of Odyssey Semiconductor Technologies (OTCQB: ODII). Power Integrations, Inc. (NasdaqGS:POWI) agreed to acquire assets of Odyssey Semiconductor Technologies (OTCQB: ODII) on May 7, 2024. As per the terms, all key Odyssey employees are expected to join Power Integrations’ technology organization. Odyssey Semiconductor Technologies stockholders approved the Asset Sale. The transaction is expected to close in July 2024.
Power Integrations, Inc. (NasdaqGS:POWI) completed the acquisition of assets of Odyssey Semiconductor Technologies (OTCQB: ODII) on July 1, 2024. Announcement • Mar 14
Odyssey Semiconductor Technologies, Inc. announced that it has received $0.434 million in funding Odyssey Semiconductor Technologies, Inc. announced a private placement that it has issued a secured convertible promissory note in the amount of $250,000 and a secured convertible promissory note in the amount of $184,000 , respectively, to the Nina and John Edmunds 1998 Family Trust dated January 27, 1998 for the gross proceeds of $434,000 on March 14, 2024. Each of the Promissory Notes bears interest at a rate of ten percent 10% per annum, on a non-compounding basis, and is due and payable on the earlier of the date upon which the Promissory Note is converted into equity securities of the company or June 30, 2025. All interest due shall be paid in shares of the company’s common stock, which shall be valued at a price equal to the average of the last 20 trading days’ closing price of the company’s common stock, commencing on the date immediately preceding the date of conversion for purposes of the interest computation. The Promissory Notes may be convertible anytime at the discretion of the holder into shares of common stock of the company at a price equal to the average of the last 20 trading days’ closing price, or automatically converted upon the closing of a public offering of the company’s common stock with aggregate proceeds of at least $5 million or the listing of the Company’s Common Stock on a National Securities Exchange, as such term is defined under the Exchange Act, at a 20% discount to the per share public offering price. Announcement • Dec 06
Odyssey Semiconductor Technologies, Inc. Announces CEO Changes Odyssey Semiconductor Technologies, Inc. announced that Rick Brown, co-founder, CTO, and Board member, has been appointed as CEO of Odyssey effective December 1, 2023, replacing Mark Davidson. Mark Davidson is stepping down as CEO and Board Member, and is no longer employed at Odyssey. Announcement • Aug 05
Odyssey Semiconductor Technologies, Inc. to Report Q2, 2023 Results on Aug 07, 2023 Odyssey Semiconductor Technologies, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Announcement • May 05
Odyssey Semiconductor Technologies, Inc. to Report Q1, 2023 Results on May 10, 2023 Odyssey Semiconductor Technologies, Inc. announced that they will report Q1, 2023 results After-Market on May 10, 2023 Announcement • Feb 03
Odyssey Semiconductor Technologies, Inc. to Report Q4, 2022 Results on Feb 07, 2023 Odyssey Semiconductor Technologies, Inc. announced that they will report Q4, 2022 results After-Market on Feb 07, 2023 Announcement • Nov 18
Odyssey Semiconductor Technologies, Inc. Appoints Laura Krauss as Chief Accounting Officer Effective on November 4, 2022, Laura Krauss was appointed as Chief Accounting Officer of Odyssey Semiconductor Technologies, Inc. (the Company"). Ms. Krauss joined the Company as Controller in September 2022. She is a Certified Public Accountant in the state of New York. From April 2020 to September 2022, Ms. Krauss served as Accounting Manager to Palisade Company, LLC. From September 2005 to March 2020, Ms. Krauss served multiple accounting and finance roles, including Global Financial Analyst, Senior Cost Analyst and Senior Financial Analyst at BorgWarner Inc., a clean and efficient technology solutions company for combustion, hybrid and electric vehicles. From June 2004 to September 2005, she worked at Cayuga Medical Centerat Ithaca, NY as a Cost Accountant. Ms. Krauss started her career as an Auditor at Ciaschi, Dietershagen,Little, Mickelson & Company, LLP from January 2003 to January 2004. She received a Master of Science inAccounting from Binghamton University and a Bachelor of Arts in Psychology at Grinnell College. Announcement • Nov 01
Odyssey Semiconductor Technologies, Inc. to Report Q3, 2022 Results on Nov 08, 2022 Odyssey Semiconductor Technologies, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2022 Announcement • Aug 10
Odyssey Semiconductor Technologies, Inc. announced that it has received $1.25 million in funding Odyssey Semiconductor Technologies, Inc. announced that it has issued a secured convertible promissory note in the amount of $1,250,000 to the Chairman of the company, John Edmunds pursuant to certain subscription agreement for gross proceeds of $1,250,000 on August 8, 2022. The promissory note was issued as part of a private placement for sale up to $3,750,000 of secured convertible promissory notes for a period until August 15, 2022, unless extended at the option of the company in its sole discretion for a period of 30 business days. The promissory notes bear interest at a rate of 10% per annum, on a non-compounding basis, and are due and payable on the earlier of the date upon which the promissory notes are converted into equity securities of the company, or at maturity in 12 months. All interest due shall be paid in shares of the company’s common stock, which shall be valued at a price equal to the average of the last 20 trading days’ closing price of the company’s common stock, commencing on the date immediately preceding the date of conversion for purposes of the interest computation. The promissory notes may be convertible anytime at the discretion of the holders into shares of common stock of the company at a price equal to the average of the last 20 trading days’ closing price, or automatically converted upon the closing of a public offering of the company’s common stock with aggregate proceeds of at least $5 million at a 15% discount to the per share public offering price. The offering of convertible promissory notes approved by the board of directors of the company. The offering is intended to be offered in reliance upon the exemption from registration provided for under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and Rule 506(b) of Regulation D. Announcement • Aug 03
Odyssey Semiconductor Technologies, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Odyssey Semiconductor Technologies, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 09, 2022 Announcement • May 17
Odyssey Semiconductor Technologies, Inc. announced delayed 10-Q filing On 05/16/2022, Odyssey Semiconductor Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Feb 08
Odyssey Semiconductor Technologies, Inc. to Report Q4, 2021 Results on Feb 10, 2022 Odyssey Semiconductor Technologies, Inc. announced that they will report Q4, 2021 results After-Market on Feb 10, 2022 Announcement • Apr 03
Odyssey Semiconductor Technologies, Inc. announced that it has received $5 million in funding Odyssey Semiconductor Technologies, Inc. (OTCPK:ODII) announced a private placement of 1,250,000 common shares at a price of $4 per share for gross proceeds of $5,000,000 on April 1, 2021. The transaction included participation from new investors. Announcement • Apr 02
Odyssey Semiconductor Technologies, Inc. announced delayed annual 10-K filing On 03/31/2021, Odyssey Semiconductor Technologies, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Mar 21
Odyssey Semiconductor Technologies, Inc. Provides Revenue Guidance for the Year Ended December 31, 2020 Odyssey Semiconductor Technologies, Inc. provided revenue guidance for the year ended December 31, 2020. For the year, the company expects revenue to be $1.374 million. 