Super Micro Computer (SMCI) Announces Proposed 2M Share Offering

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Go back to Super Micro Computer (SMCI) Announces Proposed 2M Share Offering

Supermicro Announces Proposed Public Offering of Common Stock

March 19, 2024 7:09 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer, Inc. (Supermicro or the Company) (Nasdaq: SMCI) today announced the launch of a proposed underwritten registered public offering of 2,000,000 shares of its common stock. In addition, Supermicro expects to grant the underwriter a 30-day option to purchase up to an additional 300,000 shares of its common stock. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the... More