{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-004522","form_type":"8-K","ticker":null,"cik":"0001082038","company_name":"DURECT CORP","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.885025+00:00","generated_at":"2026-05-28T04:28:22.088420+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"DURECT receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period.","bullets":["Nasdaq notified DURECT on Jan 9, 2025 that bid price below $1.00 for 30 consecutive days violates Minimum Bid Price Requirement.","Company has until July 8, 2025 to regain compliance; must close at ≥$1.00 for 10 consecutive days.","If not cured by July 8, Nasdaq may grant a second 180-day period if other listing standards met.","Company will monitor bid price and consider available options to resolve deficiency.","Failure to cure could lead to delisting; company may appeal to Nasdaq hearings panel."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-004522","json":"https://secwatch.observer/filing/0001193125-25-004522.json","markdown":"https://secwatch.observer/filing/0001193125-25-004522.md","text":"https://secwatch.observer/filing/0001193125-25-004522.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1082038/000119312525004522/0001193125-25-004522-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1082038/000119312525004522/d919579d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T04:28:22.088420+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":"5257e00a163cbceeb07cc08f69f2efb845778892","claim":"DURECT CORP received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"January 9, 2025, DURECT Corporation, a Delaware Corporation (the “Company”), received a letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) informing the Company that, b","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1082038/000119312525004522/0001193125-25-004522-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}