regulatory
confidence high
sentiment negative
materiality 0.70
SemiLEDs receives Nasdaq deficiency notice for stockholders' equity below $2.5M
SemiLEDs Corp
- Company does not meet minimum $2.5M stockholders' equity under Listing Rule 5550(b)(1).
- Alternatives of market value of listed securities or net income from continuing operations also not met.
- SemiLEDs has 45 calendar days to submit a plan to regain compliance.
- If accepted, Nasdaq may grant an extension of up to 180 days from Dec 4, 2024.