While the fate of Super Micro Computer's listing on the Nasdaq Stock Exchange hangs in the balance, a group acquired a large stake in the embattled servers maker.
Three independent broker-dealers with common ownership — G1 Execution Services, LLC, Susquehanna Investment Group, and Susquehanna Securities, LLC — have together acquired 30.8 million Super Micro shares, a stake of 5.3%.
The group doesn't have those shares in hand, however. Of those shares, 22.6 million are stock the group has a right to buy through options.
The group disclosed its position in a form it filed with the Securities and Exchange Commission on Nov. 14.
