Super Micro Stock Soars 30% As AI Server Maker Hires New Auditor, Submits Compliance Plan To Avert Delisting: Retail Cheers
Super Micro Computer, Inc. ($SMCI) shares blasted higher in Tuesday's premarket session after the artificial intelligence server maker announced plans to tide over its recent headwinds. San Jose, California-based Super Micro said the audit committee of its board has appointed BDO US,
Super Micro Surges as AI Server Maker Hires New Auditor, Seeks Filing Extension
Super Micro announced the appointment of BDO USA as its independent auditor, effective immediately, less than a month after Ernst & Young resigned after it raised concerns about the company's governance,
Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting
Shares of Super Micro Computer Inc. surged around 40 percent in the extended trading on The Nasdaq Stock Market after the troubled
Super Micro Shares Jump on Compliance Plan, New Auditor
Super Micro Stock Pops After Company Submits Plan to Stay Listed on Nasdaq
Super Micro Computer (SMCI) has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. The San Jose, Calif., server maker said Monday it intends to regain compliance with the exchange’s continued listing requirements after failing to file its reports for its fiscal year ended June 30,
Super Micro hires new auditor to maintain Nasdaq listing; shares pop
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Super Micro said on Monday that it hired BDO as its independent auditor.
Super Micro shares soar over 30% after naming new auditor
Investing.com-- Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules.
Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq
The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.
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Is Anyone Crazy Enough to Audit Super Micro Computer?
After Ernst & Young walked away, all eyes should be on its previous auditor. The risks include Nasdaq delisting.
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