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What will be the outcome of Super Micro's compliance efforts by February 25, 2025?
2
Resolution / Starting Odds
Fully compliant • 25%
Partial compliance • 25%
Non-compliant • 25%
Delisted • 25%
Nasdaq announcements and Super Micro Computer's official filings
Story
Super Micro Computer Gets Nasdaq Extension Until February 25, 2025, Stock Surges
Dec 6, 2024, 10:44 PM
Super Micro Computer Inc. has been granted an extension by Nasdaq to file its delayed annual and quarterly reports. The company, which had previously received a notification in September about non-compliance with Nasdaq's listing rules, now has until February 25, 2025, to submit the required financial statements. This extension alleviates the immediate risk of delisting from the Nasdaq Global Select Market. Following the announcement, Super Micro's stock experienced an after-hours surge, rising to $50 per share, reflecting investor relief and optimism regarding the company's compliance efforts. The company's shares are currently 21% short with 105.60 million shares short and 150 million shares borrowed, indicating significant short interest.
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Full compliance achieved • 25%
Partial compliance with further extension • 25%
Delisting from Nasdaq • 25%
Other outcome • 25%
Allegations proven false • 25%
Allegations partially true • 25%
Allegations mostly true • 25%
Allegations completely true • 25%
No issues found • 25%
Minor issues found • 25%
Major issues found • 25%
Severe issues found • 25%
No charges filed • 25%
Fines imposed • 25%
Criminal charges filed • 25%
Other outcome • 25%
No issues found • 25%
Minor issues identified • 25%
Major issues identified • 25%
Restatement required • 25%
Yes • 50%
No • 50%
No action taken • 25%
Fines imposed • 25%
Criminal charges filed • 25%
Settlement reached • 25%
Implemented all changes • 25%
Implemented some changes • 25%
No changes implemented • 25%
Announced new changes • 25%
No issues found • 25%
Minor issues found • 25%
Major issues found • 25%
Inconclusive • 25%