Super Micro Computer (SMCI) has a looming deadline from Nasdaq to submit its financial statements and comply with listing requirements. Here are the key details:
- Deadline for Financial Statements: SMCI has been given until February 25, 2025, to submit its financial statements, including the annual report for the 12 months ending June 202412.
- Compliance Plan: The company submitted a compliance plan to Nasdaq on November 18, 2024, indicating its belief in being able to regain compliance within the discretionary period available to Nasdaq34.
- Potential Delisting: If SMCI fails to meet this deadline, it risks being delisted from Nasdaq, which could have significant consequences for the company's financial standing and market access12.
In summary, SMCI has a critical deadline approaching, and its ability to meet this requirement will determine its continued listing status on Nasdaq.
2/9/2025 12:03am
