$Super Micro Computer (SMCI.US)$ very likely to remain compl...
$Super Micro Computer (SMCI.US)$ very likely to remain compliant and continue trading. Otherwise, BDO won't take up SMCI as a client in the first place
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Li m00m00 : Hard to say also, I thought usually have to accept the offer then the company will release the confidential information to the auditor company… what if later they receive the information then announce resign also?
7122413 : The auditor would not waste their time and accept if they haven’t seen info already.
Umami66 OP Li m00m00 : You are right when it applies to smaller customers, but not when it's a large customer or when there is risk involved. The compliance and risk dept. will have done a full assessment(chargeable as a prerequisite) before taking on such a large customer.
Information is almost always shared before awarding and signing, secured with an NDA with heavy liabilities
102612452 7122413 : Seeing info is one thing, granting extension is another. Nasdaq have every rights to reject the extension.
Kim10 : money talks
JBuff : did u read smci's submission? its explicitly stated that BDO have not looked at SMCI's accounts.
102612452 : That’s why I’m puzzled, it’s all about coin flipping atm.