Summary by Moomoo AI
On September 17, 2024, Super Micro Computer, Inc. received a notification from NASDAQ indicating non-compliance with Listing Rule 5250(c)(1) due to a delay in filing its Annual Report on Form 10-K for fiscal year 2024, which was due on August 29, 2024. The company had previously filed a Form 12b-25 on August 30, 2024. The NASDAQ letter does not immediately affect the trading of Super Micro's common stock. The company has 60 days to submit a compliance plan or regain compliance, with the possibility of an extension up to 180 days. If the plan is not accepted, Super Micro may appeal to a NASDAQ hearings panel. The company publicly announced the receipt of the NASDAQ letter on September 20, 2024.