• last year
Super Micro Computer received a non-compliance notice from Nasdaq for delayed SEC filings. The company submitted a compliance plan to Nasdaq outlining its timeline for filing quarterly and annual reports for the specified fiscal periods. Super Micro recently hired BDO USA as its new auditor and continues collaborating with Nvidia on GPU integration in its server systems. In August, Hindenburg Research alleged issues with the company's accounting and governance practices. Shares rose 15% Thursday morning.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Supermicro Computer received a non-compliance notice from NASDAQ for delayed SEC filings.
00:07The company submitted a compliance plan to NASDAQ, outlining its timeline for filing
00:11its quarterly and annual reports for the specified fiscal periods.
00:15Supermicro recently hired BDO USA as its new auditor and continues to collaborate
00:20with NVIDIA on GPU integration in its server systems.
00:23In August, Hindenburg Research alleged issues with the company's accounting
00:27and governance practices.
00:28Shares rose 50% Thursday morning.
00:30For all things money, visit Benzinga.com slash GSTV.

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