{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-234391","form_type":"8-K","ticker":"VRCA","cik":"0001660334","company_name":"Verrica Pharmaceuticals Inc.","filed_at":"2024-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.139186+00:00","generated_at":"2026-05-30T18:06:30.250609+00:00","sec_items":["5.02","3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Verrica out of Nasdaq compliance after director resignation; cure period granted","bullets":["Craig Ballaron resigned from Board effective October 2, 2024.","Board appointed Diem Nguyen to Audit Committee on October 7, 2024.","Resignation caused loss of majority independent directors, violating Nasdaq Rule 5605(b)(1).","Nasdaq provided cure period until next annual meeting or October 2, 2025.","Company expects to regain compliance within the cure period."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-234391","json":"https://secwatch.observer/filing/0001193125-24-234391.json","markdown":"https://secwatch.observer/filing/0001193125-24-234391.md","text":"https://secwatch.observer/filing/0001193125-24-234391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1660334/000119312524234391/0001193125-24-234391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1660334/000119312524234391/d796842d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T18:06:30.250609+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":"64733af081","claim":"Craig Ballaron resigned as member of the Board of Directors at Verrica Pharmaceuticals Inc..","evidence_excerpt":"On October 2, 2024, Craig Ballaron, a member of the Board of Directors (the “Board ”) of Verrica Pharmaceuticals Inc. (the “ Company ”), notified the Company that he was resigning from the Board and all committees of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1660334/000119312524234391/0001193125-24-234391-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"member of the Board of Directors"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}