---
schema_version: "secwatch.filing_event.v1"
accession: "0001375365-25-000020"
form_type: "8-K"
ticker: "SMCI"
cik: "0001375365"
company_name: "Super Micro Computer, Inc."
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:40:13.757372+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Supermicro prices $2.3B zero-coupon convertible notes due 2030; repurchases 4.9M shares

## Summary
- Total principal $2.3B 0.00% convertible senior notes due 2030; net proceeds ~$2.26B.
- Initial conversion price ~$55.20/share (35% premium above $40.89 close).
- $182.2M used for capped call transactions with cap price $81.78/share.
- $200M used to repurchase ~4.9M shares from note purchasers concurrently.
- Remainder for general corporate purposes including working capital for growth.

## SEC filing metadata
- accession: 0001375365-25-000020
- form_type: 8-K
- ticker: SMCI
- cik: 0001375365
- company_name: Super Micro Computer, Inc.
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000020/0001375365-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000020/smci-20250623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001375365-25-000020
- JSON: https://secwatch.observer/filing/0001375365-25-000020.json
- Plain text: https://secwatch.observer/filing/0001375365-25-000020.txt

## Key facts
- Debt Financings
  Super Micro Computer, Inc. incurred convertible notes of $2.3 billion with U.S. Bank Trust Company, National Association at 0.00% maturing due 2030.
  - Instrument: convertible notes
  - Principal: $2.3 billion
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 0.00%
  - Maturity: due 2030
  - Event: incurrence
  source text: On June 26, 2025, Super Micro Computer, Inc. (the “ Company ,” “ we ,” “ us ” or “ our ”) completed its previously announced sale of $2.3 billion in aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the “ Convertible Notes ”), including $300 million in aggregate principal amount of the Convertible Notes purchased pursuant to the exercise by the initial purchasers of the Convertible Notes (the “ Initial Purchasers ”) of the option (the “ Notes Option ”) to purchase additional Convertible Notes, in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “ Securities Act ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375365/000137536525000020/0001375365-25-000020-index.htm

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