Super Micro’s original deadline for filing the plan was Saturday, Nov 16 but in accordance with the Nasdaq’s rules: If the last day of the period is a Saturday, Sunday, federal or Nasdaq holiday, the period then runs until the end of the next day that is not one of those days.
Super Micro Computer investors have spent two months waiting for the company to file a plan that would allow it to remain listed on the Nasdaq exchange. With the deadline now just days away, that plan is yet to materialise.
The server-maker has until Monday, Nov 18, to either file a delayed 10-K annual report or submit a plan to file the form to Nasdaq to be in compliance with the exchange’s rules.
