Super Micro extends FY2024 audit deadline to Nov 27, prepays $250M under Term Loan; enacts 10-for-1 stock split

Super Micro Computer, Inc.

Extended deadline to deliver audited FY2024 financials from Sept 28 to Nov 27 under ABL and Term Loan agreements.
ABL facility amended: adds $70M availability block to U.S. borrowing base until audited statements delivered.
Term Loan amended: required prepayment of $250M of outstanding term loans on Sept 27.
Filed certificate of amendment for a 10-for-1 forward stock split effective Sept 30; authorized shares increased to 1B.
Trading on split-adjusted basis under ticker SMCI expected from Oct 1, 2024.

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