secwatch.observer — SEC 8-K summary
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Issuer:     Super Micro Computer, Inc. (SMCI)
CIK:        0001375365
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001375365-24-000042
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SMCI receives Nasdaq delisting notice for delayed 10-K and 10-Q filings
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- Nasdaq notified SMCI on Nov 19 of non-compliance with Listing Rule 5250(c)(1) due to delayed 10-K (due Aug 29) and Q1 10-Q (due Nov 12).
- SMCI submitted a compliance plan on Nov 18; believes it can file overdue reports within Nasdaq discretionary period.
- No immediate effect on listing or trading of SMCI common stock on Nasdaq Global Select Market.
- Entered amendments with E.SUN Bank extending FY2024 financial review to Dec 31, 2024; also amended Cathay Bank loan reducing revolving line to $458,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375365/000137536524000042/0001375365-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375365/000137536524000042/smci-20241114.htm
  HTML page:      https://secwatch.observer/filing/0001375365-24-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer