{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-033095","form_type":"8-K/A","ticker":"LEDS","cik":"0001333822","company_name":"SemiLEDs Corp","filed_at":"2023-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.643279+00:00","generated_at":"2026-06-13T07:31:08.216271+00:00","sec_items":["3.01","5.02","8.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SemiLEDs receives NASDAQ deficiency notices for audit committee and equity; director resigns","bullets":["Director Roger Lee resigned July 10, 2023, effective immediately, creating audit committee vacancy.","NASDAQ notified company July 11 of audit committee non-compliance; cure period through July 10, 2024 or earlier.","NASDAQ also notified company July 11 of failure to meet $2.5M stockholders' equity minimum; 45 days to submit plan.","Company warns non-compliance may lead to delisting, harming stock liquidity and marketability.","Company intends to appoint replacement director and submit compliance plan, but no assurance of success."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-033095","json":"https://secwatch.observer/filing/0000950170-23-033095.json","markdown":"https://secwatch.observer/filing/0000950170-23-033095.md","text":"https://secwatch.observer/filing/0000950170-23-033095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023033095/0000950170-23-033095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1333822/000095017023033095/leds-20230710.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T07:31:08.216271+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":"075addf0e6","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/1333822/000095017023033095/0000950170-23-033095-index.htm","confidence":0.95,"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"}