SCKT Socket Mobile, Inc. - 8-K

Item 1.01. Entry into a Material Definitive Agreement.

As
previously disclosed in a Current Report on Form 8-K filed on May 30, 2023, Socket Mobile, Inc. (the “Company”) completed
a secured subordinated convertible note financing of $1,600,000 on May 26, 2023. On March 18, 2026, the Company and the requisite holders
of the outstanding notes entered into a Secured Subordinated Convertible Note Extension Agreement (the “Extension Agreement”),
extending the maturity date of the notes from May 26, 2026 to May 26, 2028. All other terms and conditions of the notes remain in full
force and effect.

The foregoing description
of the Extension Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Extension
Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Certain Relationships

Charlie Bass, Chairman
of the Company’s Board of Directors (the “Board”) and Bill Parnell, the Company’s Board director, currently hold
outstanding notes. Because the Extension Agreement involved such parties related to the Company, a special committee of the Board comprising
the Board’s disinterested directors approved the Extension Agreement.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

10.1

Secured Subordinated Convertible Note Extension Agreement, effective as of March 18, 2026

104

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