---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-24-000016"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T16:51:36.722257+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Supermicro prices $1.5B convertible note offering due 2029 at 37.5% conversion premium

## Summary
- Zero-coupon convertible senior notes due 2029; initial purchasers may buy additional $225M.
- Initial conversion price ~$1,341.38/share, a 37.5% premium over $975.52 Feb 22 closing price.
- Net proceeds ~$1.47B; $123.6M for capped call transactions; balance for working capital and growth.
- Capped call transactions reduce dilution; cap price $1,951.04/share (100% premium).
- Closing expected Feb 27, 2024; notes mature March 1, 2029 and are redeemable after March 2027.

## SEC filing metadata
- accession: 0001375365-24-000016
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000016/0001375365-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536524000016/smci-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-24-000016
- JSON: https://secwatch.observer/filing/0001375365-24-000016.json
- Plain text: https://secwatch.observer/filing/0001375365-24-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.