Super Micro Computer establishes $1.25 billion stock sale agreement

Super Micro Computer Inc. (NASDAQ: SMCI) entered into an equity distribution agreement dated June 11, 2026, with J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. to sell up to $1.25 billion of common stock.

Under the agreement, the company may offer and sell shares from time to time through the sales agents acting as intermediaries. The sales will be conducted through various methods including ordinary broker transactions, market maker transactions on the Nasdaq Global Select Market, over-the-counter market transactions, privately negotiated transactions, and block trades.

The sales agents will receive compensation of up to 1.0% of gross proceeds from shares sold under the agreement. The agents are not required to sell any specific number or dollar amount of shares and will use commercially reasonable efforts consistent with normal trading practices.

Super Micro Computer's common stock trades on the Nasdaq Global Select Market under the symbol "SMCI." The stock closed at $29.27 on June 10, 2026, according to the company's filing.

Sales may occur at prevailing market prices, prices related to market prices, or negotiated prices. The company stated that sales agents may be deemed underwriters under the Securities Act of 1933, with their compensation potentially considered underwriting commissions or discounts.

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