SAN JOSE, Calif., Dec. 13, 2017 — Super Micro Computer, Inc. (NASDAQ:SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, today announced that on December 11, 2017 it had received a letter from the Nasdaq Stock Market (“Nasdaq”) confirming that the Company has been granted an exception to enable the Company to regain compliance with the Nasdaq continued listing requirements. Pursuant to the terms of the exception, on or before March 13, 2018, the Company must file its Annual Report on Form 10-K for the fiscal year ended June 30, 2017 as well as its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2017 and December 31, 2017.
Pursuant to Nasdaq rules, Super Micro’s securities will remain listed on the Nasdaq Global Select Market pending satisfaction of the terms of the exception. In the event the Company does not make the filings within the time period required, Nasdaq will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Nasdaq’s determination to a Hearings Panel. Super Micro intends to take all necessary steps to achieve compliance with the Nasdaq continued listing requirements as soon as practicable.
About Super Micro Computer, Inc.
Supermicro, a global leader in high-performance, high-efficiency server technology and innovation is a premier provider of end-to-end green computing solutions for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermicro’s advanced Server Building Block Solutions® offer a vast array of components for building energy-efficient, application-optimized, computing solutions. Architecture innovations include Twin, TwinPro, FatTwin, Ultra Series, MicroCloud, MicroBlade, SuperBlade, Double-sided Storage, Battery Backup Power (BBP) modules and WIO/UIO.
Source: Super Micro Computer, Inc.