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…
Source · 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. […]