On Oct 28, Super Micro Computer Entered Third Amendment To Loan Agreement With Cathay Bank; Amendment Requires Company To Maintain $150M Unrestricted Cash; Amendment Extends Deadline To Deliver FY Audited Financial Statements Under Loan Agreement To...
On Oct 28, Super Micro Computer Entered Third Amendment To Loan Agreement With Cathay Bank; Amendment Requires Company To Maintain $150M Unrestricted Cash; Amendment Extends Deadline To Deliver FY Audited Financial Statements Under Loan Agreement To...
On Oct 28, Super Micro Computer Entered Third Amendment To Loan Agreement With Cathay Bank; Amendment Requires Company To Maintain $150M Unrestricted Cash; Amendment Extends Deadline To Deliver FY Audited Financial Statements Under Loan Agreement To Dec 31
10月28日，超微电脑与国泰银行签署第三份贷款协议修正案；修正案要求公司保持15000万美元的无限制现金；修正案将贷款协议下交付财年审计基本报表的截止日期延长至12月31日
On October 28, 2024, Super Micro Computer, Inc. (the "Company") entered into a Third Amendment to Loan Agreement (the "Amendment"), by and among the Company and Cathay Bank, which amends the Loan Agreement, dated as of May 19, 2022 (as amended, the "Loan Agreement"). The Amendment, among other things, (a) extends the date by which the Company is required to deliver its (i) audited financial statements for its fiscal year ending June 30, 2024 under the Loan Agreement from October 28, 2024 to December 31, 2024 and (ii) balance sheet and income statement for its fiscal quarter ending September 30, 2024 under the Loan Agreement from November 29, 2024 to December 31, 2024 and (b) adds a covenant requiring that the Company maintain at least $150 million of unrestricted cash at all times.
2024年10月28日，超微电脑公司（"公司"）与国泰银行签署了第三份贷款协议修正案（"修正案"），该修正案由公司和国泰银行签署，修正了2022年5月19日签署的贷款协议（经修正后称为"贷款协议"）。修正案等内容包括：（a）将公司根据贷款协议应于2024年6月30日财年结束时交付的（i）基本报表的审核财务报表的截止日期从2024年10月28日延长至2024年12月31日，（ii）公司根据贷款协议应于2024年9月30日财季结束时交付的资产负债表和利润表的截止日期从2024年11月29日延长至2024年12月31日，以及（b）添加一项规定，要求公司始终保持至少15000万美元的无限制现金。
