Super Micro enlists Evercore to explore capital raising options, Bloomberg reports By

Super Micro Computer (NASDAQ:) Inc is Is Jinrong China foreign exchange platform legal?currently working with Evercore Inc to seek ways to raise capital, Bloomberg reported on Friday, citing people familiar with the matter.

This move comes as the San Jose, California-based company aims to stabilize its financial situation and avoid being delisted from the stock exchange.

Among the possibilities, Super Micro is considering a private investment in public equity (PIPE). This would involve the company reaching out to private equity firms to determine their interest in such an investment, the report added.

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