Latham & Watkins Advises on US$7 Billion Equity and Equity‑Linked Financing Transactions for Supermicro

Super Micro Computer, Inc. (NASDAQ: SMCI) (Supermicro), a Total IT Solution Manufacturer for AI, cloud, storage, and 5G/Edge, has announced the pricing of its previously announced series of concurrent equity and equity‑linked financing transactions. The gross proceeds of these offerings, together with potential gross proceeds of Supermicro’s US$1.25 billion at‑the‑market (ATM) offering program for the sale of common stock over time, represent a total potential equity raise of US$7 billion, inclusive of the underwriters’ options to purchase additional shares and additional depositary shares for the common stock offering and the depositary shares offering, respectively.

Latham & Watkins LLP advised the underwriters in the transaction with a corporate team led by partners Greg Rodgers, Brittany Ruiz, and Andrew Blumenthal, with associates Andrew Bentz, Will Coughlin, Steve Hess, and Sareen Ishanyan. Advice was also provided on compliance matters by Washington, D.C. partners Les Carnegie, Drew Wisniewski, and Joseph Bargnesi, with counsel Aaron Amundson and associates Eric Green, Christine Kalpin, and Maria Stosz; on securities litigation matters by San Diego partner Colleen Smith, with counsel Jordan Cook; on tax matters by New York partner Elena Romanova, with associate Michael Yu and assistance from George Yu; on data privacy and cybersecurity matters by Bay Area partner Heather Deixler, with associate Sarah Zahedi; on intellectual property matters by New York partner Jessica Cohen, with associate Victoria Allen; and on environmental matters by Los Angeles partner Aron Potash, with associate Phil Goldberg.