NASDAQ Alerts SemiLEDS Corp for Failing to Meet Minimum Equity Requirements, 45-Day Compliance Period Given
NASDAQ Alerts SemiLEDS Corp for Failing to Meet Minimum Equity Requirements, 45-Day Compliance Period Given
On December 4, 2024, the Company received a separate notice from The NASDAQ Stock Market indicating that the Company does not meet the minimum of $2,500,000 in stockholders' equity required by Listing Rule 5550(b)(1) for continued listing. The Company also does not meet the alternatives of market value of listed securities or net income from continuing operations. Under the listing rule, the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted by The NASDAQ Stock Market, an extension of up to 180 calendar days from December 4, 2024 will be granted.
2024年12月4日，公司收到納斯達克證券市場的單獨通知，表示公司未能滿足上市規則5550(b)(1)要求的250萬美元股東權益最低要求。公司也不符合上市證券的市值或持續經營的淨利潤的替代條件。根據該上市規則，公司有45個日曆天的時間提交恢復合規的計劃。如果該計劃被納斯達克證券市場接受，將會從2024年12月4日起給予最長180個日曆天的延期。