Super Micro Computer Files 8-K: Delisting Notice & Exhibits

Ticker: SMCI · Form: 8-K · Filed: 2024-05-09T00:00:00.000Z

Sentiment: neutral

Topics: listing-rule, exhibits

Related Tickers: SMCI

TL;DR

SMCI filed an 8-K about potential delisting issues and exhibits. Keep an eye on this.

AI Summary

Super Micro Computer, Inc. filed an 8-K on May 9, 2024, reporting events as of May 3, 2024. The filing primarily concerns a Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard, and also includes Financial Statements and Exhibits. No specific financial figures or delisting reasons were detailed in the provided text.

Why It Matters

This filing signals potential issues with Super Micro Computer's stock listing requirements, which could impact investor confidence and stock price if not resolved.

Risk Assessment

Risk Level: medium — A notice of delisting or failure to meet listing standards indicates potential financial or compliance issues that could negatively affect the company's stock.

Key Players & Entities

FAQ

What is the specific reason for the Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard?

The provided text does not specify the exact reason for the notice, only that it is a reportable event.

What are the "Financial Statements and Exhibits" being filed?

The filing indicates that financial statements and exhibits are included, but the specific content is not detailed in the provided header information.

What is the earliest event date reported in this 8-K?

The earliest event date reported is May 3, 2024.

What is Super Micro Computer, Inc.'s principal executive office address?

Super Micro Computer, Inc.'s principal executive office is located at 980 Rock Avenue, San Jose, California 95131.

What is the SEC file number for Super Micro Computer, Inc.?

The SEC file number for Super Micro Computer, Inc. is 001-33383.

From the Filing

0001375365-24-000023.txt : 20240509 0001375365-24-000023.hdr.sgml : 20240509 20240509160742 ACCESSION NUMBER: 0001375365-24-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240503 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Super Micro Computer, Inc. CENTRAL INDEX KEY: 0001375365 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770353939 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33383 FILM NUMBER: 24930544 BUSINESS ADDRESS: STREET 1: 980 ROCK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 408-503-8000 MAIL ADDRESS: STREET 1: 980 ROCK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 smci-20240503.htm 8-K smci-20240503 0001375365 false 0001375365 2024-05-03 2024-05-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     __________________________________________________________________________ FORM 8-K   __________________________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 3, 2024   SUPER MICRO COMPUTER, INC. (Exact name of registrant as specified in its charter)   Delaware 001-33383 77-0353939 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 980 Rock Avenue , San Jose , California 95131 (Address of principal executive offices, including Zip Code) Registrant’s telephone number, including area code: ( 408 )  503-8000 Not Applicable (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.001 par value   SMCI   The NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On May 3, 2024, Super Micro Computer, Inc. (the “Company”) received a notice of deficiency (the “Notice”) from the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s noncompliance with Nasdaq Listing Rule 5605(c)(2)(A), which requires, among other things, that the audit committee (the “Audit Committee”) of the Company’s board of directors (the “Board”) be comprised of three independent directors. The deficiency cited in the Notice is

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