Super Micro Computer, Inc. is in Compliance with the Nasdaq Filing Requirements
Super Micro Computer (SMCI) has successfully regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its delayed financial reports. The company received confirmation from Nasdaq on February 25, 2025, that it now meets the timely filing requirements for reports with the U.S. Securities and Exchange Commission.
Prior to this, SMCI had received a non-compliance notification from Nasdaq on February 21, 2025, due to delays in filing its Q2 FY2025 Form 10-Q, FY2024 Form 10-K, and Q1 FY2025 Form 10-Q. The company has now filed all required periodic reports and is current with its Securities Exchange Act reporting obligations.
Super Micro Computer (SMCI) ha ripristinato con successo la conformità con la Regola di Quotazione 5250(c)(1) di Nasdaq dopo aver presentato i suoi rapporti finanziari in ritardo. L'azienda ha ricevuto conferma da Nasdaq il 25 febbraio 2025, che ora soddisfa i requisiti di presentazione tempestiva per i rapporti con la Commissione per i Titoli e gli Scambi degli Stati Uniti.
Prima di questo, SMCI aveva ricevuto una notifica di non conformità da Nasdaq il 21 febbraio 2025, a causa dei ritardi nella presentazione del suo Modulo 10-Q del Q2 FY2025, del Modulo 10-K FY2024 e del Modulo 10-Q del Q1 FY2025. L'azienda ha ora presentato tutti i rapporti periodici richiesti ed è attualmente in regola con i suoi obblighi di reporting ai sensi della Legge sui Titoli e gli Scambi.
Super Micro Computer (SMCI) ha recuperado con éxito el cumplimiento de la Regla de Cotización 5250(c)(1) de Nasdaq tras la presentación de sus informes financieros retrasados. La compañía recibió confirmación de Nasdaq el 25 de febrero de 2025, de que ahora cumple con los requisitos de presentación oportuna de informes ante la Comisión de Valores y Bolsa de EE. UU.
Antes de esto, SMCI había recibido una notificación de no cumplimiento de Nasdaq el 21 de febrero de 2025, debido a los retrasos en la presentación de su Formulario 10-Q del Q2 FY2025, el Formulario 10-K FY2024 y el Formulario 10-Q del Q1 FY2025. La compañía ahora ha presentado todos los informes periódicos requeridos y está al día con sus obligaciones de informes bajo la Ley de Bolsa de Valores.
슈퍼 마이크로 컴퓨터 (SMCI)는 지연된 재무 보고서를 제출한 후 Nasdaq 상장 규칙 5250(c)(1) 준수를 성공적으로 회복했습니다. 회사는 2025년 2월 25일 Nasdaq로부터 미국 증권 거래 위원회에 대한 보고서의 적시 제출 요건을 충족한다는 확인을 받았습니다.
이전에 SMCI는 2025년 2월 21일 Nasdaq로부터 비준수 통지를 받았으며, 이는 FY2025 2분기 10-Q 양식, FY2024 10-K 양식 및 FY2025 1분기 10-Q 양식 제출 지연 때문입니다. 회사는 이제 모든 필수 정기 보고서를 제출했으며 증권 거래법에 따른 보고 의무를 이행하고 있습니다.
Super Micro Computer (SMCI) a réussi à rétablir sa conformité avec la règle de cotation 5250(c)(1) de Nasdaq suite au dépôt de ses rapports financiers en retard. L'entreprise a reçu la confirmation de Nasdaq le 25 février 2025, qu'elle satisfait désormais aux exigences de dépôt en temps voulu pour les rapports auprès de la Commission des valeurs mobilières des États-Unis.
Avant cela, SMCI avait reçu une notification de non-conformité de la part de Nasdaq le 21 février 2025, en raison de retards dans le dépôt de son formulaire 10-Q du 2ème trimestre de l'exercice 2025, de son formulaire 10-K de l'exercice 2024 et de son formulaire 10-Q du 1er trimestre de l'exercice 2025. L'entreprise a maintenant déposé tous les rapports périodiques requis et est à jour avec ses obligations de déclaration en vertu de la loi sur les valeurs mobilières.
Super Micro Computer (SMCI) hat erfolgreich die Einhaltung der Nasdaq-Listing-Regel 5250(c)(1) wiederhergestellt, nachdem die verspäteten Finanzberichte eingereicht wurden. Das Unternehmen erhielt am 25. Februar 2025 die Bestätigung von Nasdaq, dass es nun die fristgerechten Einreichungsanforderungen für Berichte bei der US-Börsenaufsichtsbehörde erfüllt.
Zuvor hatte SMCI am 21. Februar 2025 eine Mitteilung über die Nichteinhaltung von Nasdaq erhalten, da es zu Verzögerungen bei der Einreichung seines Q2 FY2025 Formulars 10-Q, FY2024 Formulars 10-K und Q1 FY2025 Formulars 10-Q gekommen war. Das Unternehmen hat nun alle erforderlichen regelmäßigen Berichte eingereicht und erfüllt seine Berichtspflichten gemäß dem Wertpapiergesetz.
- Regained Nasdaq listing compliance
- All delayed financial reports now filed
- Matter officially closed with Nasdaq
- Multiple financial reports were delayed (Q2 FY2025, FY2024, Q1 FY2025)
- Temporary non-compliance with Nasdaq listing requirements
Insights
Super Micro Computer's resolution of its Nasdaq compliance issues represents the clearing of a significant regulatory hurdle that had been hanging over the company. The multiple delayed filings—Q2 FY2025 10-Q, FY2024 10-K, and Q1 FY2025 10-Q—raised serious concerns about SMCI's financial reporting processes and internal controls. When companies delay multiple consecutive filings, it typically signals deeper problems than simple administrative delays.
The market generally responds positively when compliance issues are resolved, but investors should carefully examine these newly filed reports for any material revelations, restatements, or control weaknesses that might have caused the delays in the first place. Filing delays often mask underlying issues that eventually surface in the actual reports.
This situation is particularly notable given SMCI's position as a key player in the booming AI server market. Companies experiencing rapid growth can sometimes outpace their financial reporting infrastructure, leading to control weaknesses. The resolution of these filing requirements doesn't necessarily mean all underlying issues have been addressed—only that the immediate compliance threat has been removed.
Investors should now focus on whether management discloses any material weaknesses in internal controls within these filings, whether any financial results differ significantly from previous guidance, and whether the company has implemented new processes to prevent future filing delays. The incident may also warrant increased scrutiny from auditors and regulators going forward, potentially increasing compliance costs.
The Company receives Nasdaq notification letters
Prior to its filing on February 25, 2025, the Company had received a notification letter from Nasdaq on February 21, 2025, stating that the Company was not in compliance with Nasdaq listing rule 5250(c)(1) as a result of the Company’s delay in filing its Q2 FY2025 Form 10-Q and its continued delay in filing its FY2024 Form 10-K and Q1 FY2025 Form 10-Q. As previously announced, on February 25, 2025, the Company has filed each of such periodic reports such that it is now current with respect to its Securities Exchange Act reporting obligations.
About Super Micro Computer, Inc.
Supermicro (Nasdaq: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226157100/en/
Investor Relations Contact:
Nicole Noutsios
email: ir@supermicro.com
Source: Super Micro Computer, Inc.
FAQ
When did SMCI regain Nasdaq compliance in 2025?
Which financial reports were delayed for SMCI leading to Nasdaq non-compliance?
What is Nasdaq Listing Rule 5250(c)(1) that SMCI violated?
When did Nasdaq issue the non-compliance notice to SMCI?
