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SMCI > SEC Filings for SMCI > Form 8-K on 24-Sep-2013All Recent SEC Filings

Show all filings for SUPER MICRO COMPUTER, INC.

Form 8-K for SUPER MICRO COMPUTER, INC.


24-Sep-2013

Entry into a Material Definitive Agreement, Other Events, Financial St


Item 1.01 Entry into a Material Definitive Agreement

On September 20, 2013, Super Micro Computer, Inc., a Delaware Corporation ("Supermicro") and San Jose Mercury News, LLC, a California limited liability company ("San Jose Mercury News") entered into an agreement for purchase and sale (the "Purchase Agreement") of real property. The Purchase Agreement contemplates that San Jose Mercury News will sell to Supermicro its property located at 750 Ridder Park Drive and 1611 Schallenberger Road, San Jose, California, consisting of approximately 324,000 square feet of building space on 36 acres of land, as described in the Purchase Agreement (the "Property"). The purchase price of the Property is approximately $30.5 million. Consummation of the sale of the Property is subject to customary closing conditions, including, among others, Supermicro's review of the Property. Subject to the terms and conditions set forth in the Purchase Agreement, escrow of the Property is expected to close on or about October 30, 2013. Supermicro plans to finance this Property through its operating cash flows and additional financing from banks.

The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy of which is attached hereto as Exhibit 10.1 and 10.2 and the terms of which are incorporated herein by reference.



Item 8.01 Other Events

On September 24, 2013, Super Micro Computer, Inc. issued a press release announcing that Supermicro has signed an agreement with San Jose Mercury News to acquire its San Jose campus located in the heart of Silicon Valley, USA. A copy of the press release, titled "Supermicro expands Silicon Valley Headquarters," is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information in this report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), and is not to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language contained in such filing, unless otherwise expressly stated in such filing.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit
Number     Description

 10.1      Purchase and Sale Agreement dated September 20, 2013 between San Jose
           Mercury News, LLC and Super Micro Computer, Inc.
 10.2      Addendum 1 to Purchase and Sale Agreement dated September 20, 2013
           between San Jose Mercury News, LLC and Super Micro Computer, Inc.
 99.1      Press release dated September 24, 2013


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