Super Micro's Looming Deadline Fuels Fear of Delisting. Here's What That Means
Super Micro's stock was already delisted once before, in a drawn-out process with various extensions. Super Micro Computer Inc. faces a looming deadline to outline how it will get back in the good graces of the Nasdaq, with the server maker on thin ice as it tries to maintain its listing on the exchange.But the company's past delisting shows that the process of reaching that point can be drawn-out, with various extensions given along the way.Super Micro already delayed its annual filing to review its financial controls. It said in a September filing that it was informed by the Nasdaq that it had 60 calendar days from Sept. 17 to get the exchange's approval for a plan detailing how it will get back in compliance with listing requirements. That gets to a date of Nov. 16.Read on: Super Micro's stock falls further as it faces new hurdle with filing deadlines
