{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-032749","form_type":"8-K","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2023-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.643740+00:00","generated_at":"2026-06-13T08:39:53.636663+00:00","sec_items":["3.01","5.02"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"After board resignation, SemiLEDs gets Nasdaq audit committee and equity shortfall notices","bullets":["Director Roger Lee resigned effective July 10, 2023, for personal reasons; no policy disagreement.","Nasdaq issued two deficiency notices on July 11: audit committee non-compliance (Rule 5605) and insufficient stockholders' equity (Rule 5550(b)(1)).","Company must submit a compliance plan within 45 days; possible extension up to 180 days from July 11.","Audit committee cure period runs until earlier of next annual meeting or July 10, 2024 (or Jan 8, 2024 if meeting before that)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-032749","json":"https://secwatch.observer/filing/0000950170-23-032749.json","markdown":"https://secwatch.observer/filing/0000950170-23-032749.md","text":"https://secwatch.observer/filing/0000950170-23-032749.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032749/0000950170-23-032749-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032749/leds-8k-2023_roger_lee_r.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T08:39:53.636663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ac7365856","claim":"Roger Lee resigned as Director at SemiLEDs Corp.","evidence_excerpt":"On July 10, 2023, Roger Lee resigned as a director of SemiLEDs Corporation effective immediately due to personal reason.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023032749/0000950170-23-032749-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}