secwatch.observer — SEC 8-K summary
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Issuer:     SemiLEDs Corp (LEDS)
CIK:        0001333822
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0000950170-24-134256
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SemiLEDs receives Nasdaq deficiency notice for stockholders' equity below $2.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333822/000095017024134256/0000950170-24-134256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333822/000095017024134256/leds-20241204.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-134256

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