With shares down an eye-watering 71% from an all-time high of $119 reached in March, Super Micro Computer (NASDAQ: SMCI) ...
With unresolved accounting issues, the looming threat of delisting, regulatory probes and a tarnished reputation, it is prudent to exit investments in SMCI.
While Supermicro's stock price has collapsed over the past few months, there has been some light at the end of the tunnel. For starters, the company found a new auditor (BDO USA). And on Dec. 6 ...
Super Micro Computer's private capital raise is likely to occur at ... SMCI enlisted the services of BDO USA to be its ...
Super Micro hired BDO USA as its new auditor to handle these issues and submitted a compliance plan to Nasdaq, which gave the business an extension until February 2025 to record missing reports.
Additionally, Super Micro appointed BDO USA as its new auditor, and is prioritizing updating its financials as needed, though there may be little in the way of revisions (or revisions that may not ...
Super Micro Computer stock has been in freefall since August, when Hindenburg Research issued a short report focusing on the company. Supermicro has had to find a new auditor, and submit a plan to ...
Following this announcement, Super Micro’s stock surged over 30%. Super Micro appointed BDO USA as its new auditor and submitted a compliance plan to Nasdaq to mitigate the risk of delisting.