Super Micro threatened with Nasdaq de-listing
Knives falls fast. Last night Super Micro was notified that it faces Nasdaq de-listing if it does not submit a “compliance plan.” That should be easy, they can just tack it on to the earnings report that they must be furiously working on with their brand new auditor…
Muslim Farooque, Yahoo Finance
Super Micro Shares Plummet as Nasdaq Delisting Looms
[…] fact, that their auditors fired them because “they couldn’t trust management”, being threatened of de-listing by Nasdaq, and oh yeah: one of their founders being charged by the feds for violating export laws to China. […]