The AI darling at the beginning of the year is now at risk of being delisted; Super Micro's listing status is precarious after losing its auditor

China Finance Online
2024.11.05 16:48
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Super Micro Computer faces the risk of being delisted from Nasdaq due to the resignation of its auditor Ernst & Young, and the company's stock price has plummeted over 75% since March. The company must submit a plan for regaining compliance by mid-November, and if approved, the deadline could be extended to February 2025. Analyst Matt Bryson stated that the lack of an auditor makes it difficult to complete the 10-K report on time, which could lead to delisting