Nasdaq delisting – Charm

Super Micro surges as AI server maker hires new auditor, seeks filing extension

Cs news11 months ago11 months ago03 mins

By Akash Sriram (Reuters) – Shares of Super Micro Computer soared nearly 30% in premarket trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted. Super Micro announced the appointment of BDO USA as its independent…

Super Micro Computer stock craters over late financial report. Will it get delisted?

Cs news11 months ago11 months ago03 mins

Shares of Super Micro Computer (SMCI) hit a new 52-week low on Thursday morning as the AI-focused hardware company struggles with filing its quarterly report (Form 10-Q) for the period ending September 30. The San Jose-based company notified the U.S. Securities and Exchange Commission of the delay in a recent filing, saying it needs more…