---
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"
generated_at: "2026-05-28T04:28:22.088420+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DURECT receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period.

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-004522
- form_type: 8-K
- cik: 0001082038
- company_name: DURECT CORP
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-004522
- JSON: https://secwatch.observer/filing/0001193125-25-004522.json
- Plain text: https://secwatch.observer/filing/0001193125-25-004522.txt

## Key facts
- Listing & Compliance Notices
  DURECT CORP received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1082038/000119312525004522/0001193125-25-004522-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.