Super Micro Receives Extension From Nasdaq Until February
Live Mint-- Super Micro Computer Inc. said Nasdaq Inc. has granted the company additional time to become compliant with listing rules, easing the near-term risk that the embattled server maker would be delisted. Super Micro said it received a letter Friday from Nasdaq allowing the company until Feb. 25 to file its financial report for the fiscal year ended June 30, as well as its quarterly report for results in the period ended Sept. 30, “and all other required filings.” It has been a tumultuous year for Super Micro. Earlier this week, Super Micro said an independent review of its business found no evidence of misconduct but recommended the appointments of new top financial and legal leadership. Super Micro said in a statement Friday that it plans to file the financial documents by the Feb. 25 deadline.