Super Micro Computer, Inc. Announces Receipt of Non-Compliance Letter from Nasdaq
20 Settembre 2024 - 11:00PM
Business Wire
Super Micro Computer, Inc. (NASDAQ:SMCI) (“SMCI” or the
“Company”), a Total IT Solution Provider for AI, Cloud, Storage and
5G/Edge, today announced that the Company received a notification
letter from Nasdaq stating that the Company is not in compliance
with Nasdaq listing rule 5250(c)(1), which requires timely filing
of reports with the U.S. Securities and Exchange Commission. The
September 17, 2024 letter was sent as a result of the Company’s
delay in filing its Annual Report on Form 10-K for the period
ending June 30, 2024 (the “Form 10-K”). The Form 10-K was due on
August 29, 2024. The Company filed a Form 12b-25 on August 30,
2024.
The Nasdaq notice has no immediate effect on the listing or
trading of the Company’s common stock on the Nasdaq Global Select
Market. Under the Nasdaq rules, the Company has 60 days from the
date of the notice either to file the Form 10-K or to submit a plan
to Nasdaq to regain compliance with Nasdaq’s listing rules. If a
plan is submitted and accepted, the Company could be granted up to
180 days from the Form 10-K’s due date to regain compliance. If
Nasdaq does not accept the Company’s plan, then the Company will
have the opportunity to appeal that decision to a Nasdaq hearings
panel.
About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in
Application-Optimized Total IT Solutions. Founded and operating in
San Jose, California, Supermicro is committed to delivering first
to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge
IT Infrastructure. We are a Total IT Solutions Provider with
server, AI, storage, IoT, switch systems, software, and support
services. Supermicro's motherboard, power, and chassis design
expertise further enable our development and production, enabling
next generation innovation from cloud to edge for our global
customers. Our products are designed and manufactured in-house (in
the US, Taiwan, and the Netherlands), leveraging global operations
for scale and efficiency and optimized to improve TCO and reduce
environmental impact (Green Computing). The award-winning portfolio
of Server Building Block Solutions® allows customers to optimize
for their exact workload and application by selecting from a broad
family of systems built from our flexible and reusable building
blocks that support a comprehensive set of form factors,
processors, memory, GPUs, storage, networking, power, and cooling
solutions (air-conditioned, free air cooling or liquid
cooling).
Supermicro, Server Building Block Solutions, and We Keep IT
Green are trademarks and/or registered trademarks of Super Micro
Computer, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240920975220/en/
Investor Relations Contact: Nicole Noutsios email:
ir@supermicro.com
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