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.

Super Micro Computer Inc. shares jumped as much as 21% after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.

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,