Super Micro Ended Loan Pacts That Had Become More Burdensome - Barron's
1. SMCI ended burdensome loan agreements freeing up cash resources. 2. Termination of loans removes restrictions linked to financial statement delays. 3. Bank of America's loan significantly supported Super Micro's borrowing capacity. 4. Super Micro has been embattled with accounting manipulation allegations. 5. New accounting firm BDO USA may restore investor confidence.