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Super Micro receives extension from Nasdaq until February

Bloomberg
Bloomberg • 2 min read
Super Micro receives extension from Nasdaq until February
The maker of high-powered servers missed an August deadline to file the annual financial report and its auditor, Ernst & Young, resigned in October, citing concerns about the company’s governance and transparency. Photo: Bloomberg
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Super Micro Computer said Nasdaq has granted the company additional time to become compliant with listing rules, easing the near-term risk that the embattled server-maker would be delisted.

Super Micro said it received a letter Friday from Nasdaq allowing the company until Feb 25 to file its financial report for the fiscal year ended June 30, as well as its quarterly report for results in the period ended Sept 30, “and all other required filings”.

It has been a tumultuous year for Super Micro. The maker of high-powered servers missed an August deadline to file the annual financial report and its auditor, Ernst & Young, resigned in October, citing concerns about the company’s governance and transparency.

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