Will Super Micro Stock Be Delisted? [Forbes]
Super Micro Computer, Inc. (SMCI)
Last super micro computer, inc. earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.supermicro.com/investor-relations
Company Research
Source: Forbes
background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday's trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company's financial reporting. Hindenburg Research published a report highlighting several red flags in SMCI's accounting practices. Moreover, the company delayed filing its annual financial statement in August for the last fiscal year, putting Super Micro out of compliance with Nasdaq exchange listing rules, which require timely filings with the U.S. Securities and Exchange Commission. Now, Super Micro faces a critical deadline on November 16th to either file the delayed report or submit a plan for regaining compliance. If it fails to do so, the company risks being delisted from the Nasdaq. However, there's a big hurdle here. Super Micro's auditor Ernst & Young r
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SMCI
News
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SMCI
Earnings
- 8/6/24 - Miss
SMCI
Sec Filings
- 11/13/24 - Form NT
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- SMCI's page on the SEC website