{"schema_version":"secwatch.filing_event.v1","accession":"0001375365-24-000015","form_type":"8-K","ticker":"SMCI","cik":"0001375365","company_name":"Super Micro Computer, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.990275+00:00","generated_at":"2026-06-05T18:49:03.839649+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Supermicro proposes $1.5B convertible notes offering due 2029","bullets":["$1.5B aggregate principal amount of convertible senior notes due March 1, 2029, with option for additional $225M.","Notes convertible under conditions; settlement in cash, stock, or combination at Company's election.","Company expects to enter capped call transactions to reduce potential dilution or offset cash payments.","Net proceeds to fund capped calls and for general corporate purposes, including working capital for growth.","Seventh Amendment to Loan Agreement entered to allow for the offering and related capped call transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001375365-24-000015","json":"https://secwatch.observer/filing/0001375365-24-000015.json","markdown":"https://secwatch.observer/filing/0001375365-24-000015.md","text":"https://secwatch.observer/filing/0001375365-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1375365/000137536524000015/0001375365-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1375365/000137536524000015/smci-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:49:03.839649+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":"d00ab6f8532ec7fe16c52c93df7fb65f9dde94f5","claim":"Super Micro Computer, Inc. amended Seventh Amendment to Loan and Security Agreement with Bank of America, N.A. and the lenders party thereto (effective 2024-02-21).","evidence_excerpt":"On February 21, 2024 Super Micro Computer, Inc. (the “Company”) entered into a Seventh Amendment to Loan and Security Agreement (the “Agreement”) dated April 19, 2018, by and among the Company, as Borrower, the lenders party thereto (the “Lenders”) and Bank of America, N.A., as administrative agent for the Lenders to amend certain financial covenants of the Agreement to allow for the Company’s proposed offering of convertible senior notes as described below and the entry into capped call transactions in connection therewith.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1375365/000137536524000015/0001375365-24-000015-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. and the lenders party thereto"},{"label":"Effective","value":"2024-02-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}