{
Toni Sacconaghi

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super micro faces delisting risk amid compliance and financial challenges

Super Micro faces potential delisting from Nasdaq due to a late filing of its 2024 year-end report and ongoing compliance issues, including a history of financial misstatements. The company has until Monday to submit a compliance plan, which could grant it an extension of up to 180 days. However, its past compliance history may hinder its chances, as analysts express concerns about customer retention amid these challenges.
CNBC
Super Micro Computer, Inc. HPE NVIDIA Corporation Dell Ernst & Young USA TWN Ben Reitzes Matt Bryson Jensen Huang Toni Sacconaghi Charles Liang Show more
Finance & Economy, News Article
16:00 15.11.2024
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