Super Micro Computer Files 8-K on Listing Status
Ticker: SMCI · Form: 8-K · Filed: Dec 6, 2024 · CIK: 1375365
| Field | Detail |
|---|---|
| Company | Super Micro Computer, Inc. (SMCI) |
| Form Type | 8-K |
| Filed Date | Dec 6, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: listing-rules, delisting-notice, regulatory
Related Tickers: SMCI
TL;DR
SMCI filed an 8-K regarding listing rules - could be a red flag for the stock.
AI Summary
Super Micro Computer, Inc. filed an 8-K on December 6, 2024, to report a Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard, and a Transfer of Listing. The filing also includes Financial Statements and Exhibits.
Why It Matters
This filing indicates potential issues with Super Micro Computer's continued listing on an exchange, which could impact investor confidence and stock price.
Risk Assessment
Risk Level: medium — Filings related to listing rules or potential delisting can signal underlying financial or compliance issues that pose a risk to investors.
Key Players & Entities
- Super Micro Computer, Inc. (company) — Registrant
- December 6, 2024 (date) — Date of earliest event reported
- 408-503-8000 (phone_number) — Registrant's telephone number
FAQ
What specific listing rule or standard is Super Micro Computer failing to meet?
The filing indicates a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard' but does not specify the exact rule in the provided text.
What is the nature of the 'Transfer of Listing' mentioned in the filing?
The filing mentions a 'Transfer of Listing' as an item information, but the specific details of this transfer are not elaborated in the provided text.
When was this 8-K form filed?
The form was filed on December 6, 2024.
What is Super Micro Computer's principal executive office address?
The address is 980 Rock Avenue, San Jose, California 95131.
Does this filing provide updated financial statements?
Yes, the filing is categorized under 'Financial Statements and Exhibits', indicating that such information is included.
Filing Stats: 773 words · 3 min read · ~3 pages · Grade level 13.1 · Accepted 2024-12-06 17:06:30
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value SMCI The NASDAQ Global Select
Filing Documents
- smci-20241206.htm (8-K) — 32KB
- smci-pressreleasenasdaqext.htm (EX-99.1) — 6KB
- 0001375365-24-000045.txt ( ) — 164KB
- smci-20241206.xsd (EX-101.SCH) — 2KB
- smci-20241206_lab.xml (EX-101.LAB) — 22KB
- smci-20241206_pre.xml (EX-101.PRE) — 13KB
- smci-20241206_htm.xml (XML) — 3KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On December 6, 2024, Super Micro Computer, Inc. (the "Company") received a letter (the "Letter") from the Nasdaq Stock Market ("Nasdaq") informing the Company that Nasdaq has granted the Company's request for an exception to Nasdaq's Listing Rule 5250(c)(1) through February 25, 2025. The exception gives the Company until February 25, 2025 to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, its Quarterly Report on Form 10-Q for the period ended September 30, 2024 and any other required filings. The Company's common stock will remain listed on the Nasdaq Global Select Market during the exception period. If the Company files all the required reports by February 25, 2025, the common stock will remain listed, so long as the Company remains in compliance with Nasdaq's listing rules. In the event the Company does not file all required reports by February 25, 2025, Nasdaq will notify the Company that its common stock will be delisted. If that were to occur, the Company would have the right to appeal such determination to a Nasdaq Hearing Panel. On December 6, 2024, the Company issued a press release announcing receipt of the Letter, a copy of which is attached hereto as Exhibit 99.1.
Forward Looking Statements
Forward Looking Statements
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release dated December 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUPER MICRO COMPUTER, INC. Date: December 6, 2024 By: /s/ Charles Liang President, Chief Executive Officer and Chairman of the Board (Principal Executive Officer)