$Super Micro Computer (SMCI.US)$ I don’t believe there will be a dilution. If you look at the cash in hand and cash burn rate there is definitely no need of issuing more shares.
What happened was the change of loans. The existing loans are conditioned on being current with audited quarterly report. Ad such, SMCI need to either renegotiate with the current lenders or find new lenders. There is a good probability that the interest on the lian will have higher interest rate until audited ...