Super Micro Computer Terminates Material Agreement

Ticker: SMCI · Form: 8-K · Filed: 2024-12-27T00:00:00.000Z

Sentiment: neutral

Topics: agreement-termination, 8-K, financials

Related Tickers: SMCI

TL;DR

SMCI terminated a key deal. Details in the 8-K.

AI Summary

Super Micro Computer, Inc. filed an 8-K on December 27, 2024, reporting the termination of a material definitive agreement as of December 20, 2024. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and headquartered in San Jose, California.

Why It Matters

The termination of a material definitive agreement could signal a shift in business relationships or strategic direction for Super Micro Computer, potentially impacting future operations or partnerships.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement can introduce uncertainty and potential financial or operational risks.

Key Numbers

Key Players & Entities

FAQ

What specific material definitive agreement was terminated by Super Micro Computer, Inc.?

The filing states the termination of a material definitive agreement but does not specify which agreement was terminated.

What is the effective date of the termination of the material definitive agreement?

The earliest event reported, including the termination, is dated December 20, 2024.

What are the primary business activities of Super Micro Computer, Inc.?

Super Micro Computer, Inc. is in the business of Electronic Computers, as indicated by its SIC code [3571].

Where are Super Micro Computer, Inc.'s principal executive offices located?

The principal executive offices are located at 980 Rock Avenue, San Jose, California 95131.

What is the fiscal year end for Super Micro Computer, Inc.?

The fiscal year end for Super Micro Computer, Inc. is June 30 (0630).

From the Filing

0001375365-24-000046.txt : 20241227 0001375365-24-000046.hdr.sgml : 20241227 20241227163207 ACCESSION NUMBER: 0001375365-24-000046 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241220 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241227 DATE AS OF CHANGE: 20241227 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: 241586054 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-20241220.htm 8-K smci-20241220 0001375365 false 0001375365 2024-12-20 2024-12-20 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): December 20, 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 or to be 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 1.02 Termination of a Material Definitive Agreement On December 20, 2024, the General Loan, Export/Import Financing, Overdraft Facilities, and Securities Agreement which the Company, through its Taiwan subsidiary, had entered into with the Taiwan affiliate of HSBC Bank (the “Loan Agreement”) was terminated and not renewed. The balance under this $50 million Loan Agreement had been fully repaid on September 9, 2024, and had remained undrawn since such date. Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIG

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