Every material Form 8-K SemiLEDs Corp has filed with the SEC since July 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
SemiLEDs said its audit committee engaged DLEE Accountancy, Inc. as its new independent registered public accounting firm on July 27, 2026, after the engagement with YCM CPA INC. expired. The company reported no disagreements with YCM and no reportable events during its most recent fiscal year and through the expiration date, and it has asked YCM for a letter confirming whether it agrees with the statements.
Audit committee engaged DLEE Accountancy, Inc. as new independent auditor on July 27, 2026
YCM CPA INC. engagement expired; company reported no disagreements or reportable events with YCM
SemiLEDs requested a letter from YCM to the SEC stating whether it agrees with the company's statements
Filing is signed by Chief Financial Officer Christopher Lee and dated July 27, 2026
SemiLEDs disclosed that Nasdaq had notified it on January 30, 2026 that its stockholders' equity fell below the $2.5 million minimum, and that Nasdaq accepted its compliance plan with an extension of up to 180 calendar days. The company now believes it has regained compliance, based on stockholders' equity of $3.1 million as of May 31, 2026, but Nasdaq will keep monitoring and could start delisting if the next periodic report does not show compliance.
Nasdaq notice dated January 30, 2026 cited stockholders' equity below the $2.5 million minimum under Listing Rule 5550(b)(1)
Nasdaq accepted the company's plan and granted an extension of up to 180 calendar days from January 30, 2026
Total stockholders' equity was $3.1 million as of May 31, 2026, per the Form 10-Q
Company believes it has regained compliance; Nasdaq will monitor compliance in the next periodic report
SemiLEDs reported preliminary results for the fiscal third quarter ended May 31, 2026, with revenue of $9.1 million, up from $1.1 million in the prior quarter, and GAAP net income of $1.5 million, or $0.18 per diluted share, compared with a net loss of $603 thousand in the prior quarter. The company said the revenue increase reflected higher buy-sell equipment purchase orders and that it anticipates more such orders in the fourth quarter of fiscal 2026. The filing also lists an Item 4.01 auditor change, but the text provided does not describe it.
Q3 fiscal 2026 revenue was $9.1 million, compared with $1.1 million in Q2 fiscal 2026.
GAAP net income attributable to stockholders was $1.5 million, or $0.18 per diluted share, versus a net loss of $603 thousand, or $(0.07) per share, in Q2.
GAAP gross margin rose to 27% from 1%; cash and cash equivalents were $6.0 million at May 31, 2026, versus $4.0 million at February 28, 2026.
The 8-K includes Item 4.01 (Auditor Change), but the filing text provided does not give details of the change.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every SemiLEDs Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →