Super Micro Computer Announces Issuance of 7.00% Series A Mandatory Convertible Preferred Stock

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announced the issuance of 75,000,000 depositary shares, each representing a 1/20th interest in the company's 7.00% Series A Mandatory Convertible Preferred Stock, with an additional 30-day option for the underwriters to purchase up to 11,250,000 more depositary shares. The offering closed on June 15, 2026, and is subject to certain conditions, including the establishment of preferences, limitations, and relative special rights of the preferred stock through a Certificate of Designations filed with the Secretary of State of Delaware. The preferred stock will accumulate dividends at an annual rate of 7.00% and will automatically convert into common stock under certain conditions. Additionally, the issuance will modify the rights of security holders, restricting dividends and other acquisitions on common stock until all dividends on the preferred stock are paid.

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About Super Micro Computer, Inc.

Super Micro Computer, Inc. is a prominent player in the field of computing and technology hardware solutions. It specializes in designing, developing, and manufacturing high-performance, high-efficiency server technology, offering a broad range of server systems, motherboards, and embedded computing systems. Its products are integral to the functioning of data centers, cloud computing environments, enterprise IT, artificial intelligence applications, and 5G infrastructure. The company's expertise in energy-efficient, green computing solutions is notable, catering to a clientele that values sustainability alongside performance. Super Micro Computer, Inc. serves a global market acknowledging the growing demand for robust computing power and connectivity solutions. It supports various industries including telecommunications, healthcare, financial services, and entertainment, adapting to diverse computational needs. Founded in 1993 and headquartered in San Jose, California, Super Micro Computer, Inc. plays a crucial role in the expansion and advancement of the computing sector. By delivering innovative products and technology, the company contributes to the scalable and efficient data processing needs that underpin modern digital advancements.