{"schema_version":"secwatch.filing_event.v1","accession":"0001375365-23-000019","form_type":"8-K","ticker":"SMCI","cik":"0001375365","company_name":"Super Micro Computer, Inc.","filed_at":"2023-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.672615+00:00","generated_at":"2026-06-19T17:45:36.340663+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Super Micro subsidiary expands HSBC credit facility from $30M to $50M","bullets":["New Facility Letter dated Feb 7, 2023, with HSBC Bank (Taiwan) increases aggregate borrowing limit to $50 million.","Includes NTD revolving sub-limit of NTD300 million and export/seller sub-facility of $50 million.","Interest at Bank's base rate plus fixed margin, monthly payments, principal due on maturity.","Facility is unsecured but subject to Bank's right of set-off and demand repayment.","Replaces prior $30 million Facility Letter from January 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001375365-23-000019","json":"https://secwatch.observer/filing/0001375365-23-000019.json","markdown":"https://secwatch.observer/filing/0001375365-23-000019.md","text":"https://secwatch.observer/filing/0001375365-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/smci-20230207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T17:45:36.340663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b607c3876aa7c7e958afcba962c0a3d767fe73b2","claim":"Super Micro Computer, Inc. incurred credit facility of up to a combined aggregate limit of $50 million with the Taiwan affiliate of HSBC Bank at the Bank's base rate plus a fixed margin.","evidence_excerpt":"On February 7, 2023, Super Micro Computer Inc., Taiwan (the “Subsidiary”), a Taiwan corporation and wholly-owned subsidiary of Super Micro Computer, Inc. (the “Company”), entered into a new Facility Letter (the “New Facility Letter”) with the Taiwan affiliate of HSBC Bank (the “Bank”) which expanded the prior $30 million Facility Letter entered into with Bank on January 7, 2022. The New Facility Letter permits borrowings up to a combined aggregate limit of $50 million which may be comprised of borrowings under a New Taiwan Dollar revolving facility with a sub-limit of NTD300 million (the “NTD Revolver”) and an export/seller facility with a sub-limit of $50 million (the “Export/Seller Facility”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to a combined aggregate limit of $50 million"},{"label":"Counterparty","value":"the Taiwan affiliate of HSBC Bank"},{"label":"Rate","value":"the Bank's base rate plus a fixed margin"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"655006940bb695584228a7b359c32d26d2b74776","claim":"Super Micro Computer, Inc. entered into New Facility Letter with Taiwan affiliate of HSBC Bank valued at $50 million (effective 2023-02-07).","evidence_excerpt":"Entry into a Material Definitive Agreement New Facility Letter with HSBC Bank On February 7, 2023, Super Micro Computer Inc., Taiwan (the “Subsidiary”), a Taiwan corporation and wholly-owned subsidiary of Super Micro Computer, Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1375365/000137536523000019/0001375365-23-000019-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Taiwan affiliate of HSBC Bank"},{"label":"Value","value":"$50 million"},{"label":"Effective","value":"2023-02-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}