Super Micro Computer (NASDAQ:SMCI) jumped over 78% this week after the artificial intelligence server maker appointed BDO USA as its new independent auditor and submitted a compliance plan with the Nasdaq.

Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares surging 25% in extended trading.

The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of directors.

Super Micro Computer (NASDAQ:SMCI) stock surged over 17% in extended trading on Monday after the company said it has engaged an independent auditor and has submitted a compliance plan to Nasdaq. The company said it has engaged accounting firm BDO USA as its auditor,

Supermicro has yet to issue its financial statements for this year, delaying them a day after short-seller Hindenburg Research claimed that it found evidence of related party transactions that had not been disclosed, a failure to abide by export controls, and other issues.

The server maker said it believes it will be able to complete its annual report on Form 10-K within the discretionary period available to the Nasdaq staff to grant.

Super Micro Computer has appointed an independent auditor and submitted a plan with Nasdaq to comply with listing requirements. In a statement, Super Micro said its board engaged BDO USA, P.C. as its auditor,