In what can only be interpreted as an expression of confidence in Super Micro Computer's ability to navigate lingering regulatory hurdles, certain institutional buyers of corporate debt have allowed the embattled retailer of liquid-cooled AI racks to raise around $700 million in new liquidity, as hinted by the company while announcing the preliminary earnings for its fiscal Q2'25. To wit, Super Micro Computer has now announced that its new notes carry an initial conversion price of $61.06 per share, corresponding to a premium of around 50 percent relative to the stock's VWAP as of the 12th of February. These notes […]
Read full article at wccftech.com/super-micro-computer-smci-prices-its-new-700-million-convertible-notes-institutional-buyers-of-these-notes-are-betting-on-the-resolution-of-the-companys-regulatory-woes/
Read More Details
Finally We wish PressBee provided you with enough information of ( Super Micro Computer (SMCI) Prices Its New $700 Million Convertible Notes: Institutional Buyers Of These Notes Are Betting On The Resolution Of The Company’s Regulatory Woes )
Also on site :
- Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies
- Nvidia CEO says robotics is chipmaker's biggest opportunity after AI
- Flying ‘baby-faced’ robot is the first of its kind — and it’s freaking people out: ‘What the f—k are we doing!?’