Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares soaring 27% in extended trading.

Super Micro Computer has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors.The San Jose, Calif., server maker said Monday it intends to regain compliance with the exchange’s continued listing requirements after failing to file its reports for its fiscal year ended June 30,

Super Micro Computer Inc. shares jumped as much as 21% after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.

Super Micro Computer Inc. late Monday said it gave Nasdaq a “compliance plan” to support its request for a filing extension in order to keep its listing, and announced a new auditor.

Tech giant Super Micro Computer saw shares rise in early trading Monday as a deadline arrived that will determine its fate on Nasdaq.

With no SEC filings, Super Micro Computer is now at risk of getting delisted from the Nasdaq exchange. The company has 180 days to file its annual report past the due date once it formulates a plan with the Nasdaq regulators. If it doesn't, the stock will get dropped from the exchange.

Shares of Super Micro Computer Inc. extended their bounce Monday, as investors bet that the server maker and artificial-intelligence play will be able to avoid being delisted from the Nasdaq exchange.

Super Micro Computer stock (NASDAQ: SMCI) fell by about 6% in Tuesday’s trading and remains down 54% over the past month amid significant corporate governance concerns and questions about the company’s financial reporting.

Super Micro Computer was rising sharply Monday as investors awaited a planned filing that might allow the server maker to avoid being delisted. Super Micro shares were up 19% to $22.14 and were on track for their largest daily percentage increase since February,

Super Micro Computer (SMCI) shares soared in extended trading Monday after the company named a new auditor and filed a compliance plan to avoid delisting by the Nasdaq. The server maker said BDO USA would serve as its new auditor,

Super Micro Computer shares were sharply higher on Monday as investors awaited a planned filing that might allow the server maker to avoid being delisted. In afternoon trading, Super Micro stock was up 23% to $22.