A pesky problem of missing paperwork. Apparently Supermicro thinks that filing quarterly and annual reports is something optional, a "nice to have" rather than a "requirement". So they haven't bothered.
Nasdaq feels otherwise, and got tired of waiting for them to get their house in order, and so delisted Supermicro.
Comments
I just wish that Super Micro shares were not otc and it would instead be listed on nasdaq...
You can blame Supermicro for that.
A pesky problem of missing paperwork. Apparently Supermicro thinks that filing quarterly and annual reports is something optional, a "nice to have" rather than a "requirement". So they haven't bothered.
Nasdaq feels otherwise, and got tired of waiting for them to get their house in order, and so delisted Supermicro.
https://www.marketwatch.com/story/super-micros-stock-set-to-...