Super Micro launches $1.25B ATM program, prices 45.5M share offering, plans preferred stock

Filed June 12, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• high

  SMCI priced an underwritten offering of 45.5 million common shares (plus 6.8M greenshoe option), representing immediate dilution to existing shareholders. Pricing and proceeds not disclosed in this filing.

  Item 1.01: Underwriting Agreement verify on EDGAR →
• high

  Company established $1.25 billion at-the-market offering program allowing opportunistic share sales over time through JP Morgan, Goldman Sachs, and Citi at up to 1% commission. Provides flexible capital access without immediate full dilution.

  Item 1.01: Distribution Agreement verify on EDGAR →
• high

  Series A mandatory convertible preferred stock offering expected to close June 15, 2026. These securities will automatically convert to common stock at a future date, creating additional dilution.

  Item 7.01: Press Release verify on EDGAR →