SemiLEDs Corp (LEDS): Nasdaq/NYSE listing notice — SemiLEDs regains compliance with Nasdaq stockholders' equity requirement

SemiLEDs Corp

Received Nasdaq notice Dec 4, 2024 for failing $2.5M equity minimum; extension to April 14, 2025 granted.
As of Feb 28, 2025, stockholders' equity was $3.6M, above the $2.5M minimum.
Company believes it has regained compliance; Nasdaq will monitor ongoing compliance at next periodic report.
Potential delisting risk remains if equity falls below requirement in future reports.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

SemiLEDs Corp received a nasdaq compliance regained notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

the Company an extension through April 14, 2025. As reported in the Company’s Quarter Report on Form 10-Q, the Company’s total stockholders’ equity as of February 28, 2025 was $3.6 million. As of the date of this Current Report, the Company believes that it has regained compliance with the stockholders’ equity requirement. Nasdaq will continue to monitor the

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Source: SEC EDGAR

accession 0000950170-25-053922

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