On November 18, 2024, Super Micro Computer, Inc. announced the appointment of BDO USA, P.C. as its new independent auditor. The decision was made by the Audit Committee of the Board of Directors and aims to bring the company's financial statements up to date with diligence and urgency. Super Micro Computer, which is listed on the NASDAQ under the symbol SMCI, also submitted a compliance plan to NASDAQ in a bid to extend the time required to regain compliance with NASDAQ's continued listing requirements. The company believes it will be able to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, within the...Show More

On November 18, 2024, Super Micro Computer, Inc. announced the appointment of BDO USA, P.C. as its new independent auditor. The decision was made by the Audit Committee of the Board of Directors and aims to bring the company's financial statements up to date with diligence and urgency. Super Micro Computer, which is listed on the NASDAQ under the symbol SMCI, also submitted a compliance plan to NASDAQ in a bid to extend the time required to regain compliance with NASDAQ's continued listing requirements. The company believes it will be able to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, within the discretionary period granted by NASDAQ. The company's securities will remain listed on NASDAQ pending the review of the compliance plan. The forward-looking statements in the announcement are subject to various risks and uncertainties, including the outcome of NASDAQ's review and the company's ability to complete the necessary audits and filings.