---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-25-000018"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-18T23:27:07.277834+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Supermicro proposes $2.0B convertible notes due 2030; up to $200M for share repurchase

## Summary
- Offers $2.0B aggregate principal of convertible senior notes due June 15, 2030; option for additional $300M.
- Notes are senior, unsecured, accrue interest semi-annually; terms (conversion rate, interest rate) set at pricing.
- Net proceeds partly fund capped call transactions to reduce dilution; up to $200M for concurrent share repurchase.
- Remaining proceeds for general corporate purposes, including working capital and business expansion.
- Capped call hedges and hedging activity by counterparties could affect SMCI stock and note prices.

## SEC filing metadata
- accession: 0001375365-25-000018
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000018/0001375365-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000018/smci-20250623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-25-000018
- JSON: https://secwatch.observer/filing/0001375365-25-000018.json
- Plain text: https://secwatch.observer/filing/0001375365-25-000018.txt

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