$SMCI, also known as Super Micro Computer, has received an extension from its lender, Cathay Bank, to submit its audited financial statements, now due by December 31, 2024. The company was previously delisted from the Nasdaq in 2018 but returned in 2020. As part of the amended loan agreement, $SMCI is required to maintain at least $150 million in unrestricted cash. Additionally, the company must submit an audited compliance plan by November 16, 2024, to avoid potential delisting from the Nasdaq. The reporting date for the lender has also been extended to December 31 from the previous deadline of October 28.