By Akash Sriram (Reuters) -Shares of Super Micro Computer soared about 23% in early trading on Tuesday, after the server maker sought an extension from Nasdaq for its delayed financial filings and appointed a new auditor as it looks to avoid being delisted.

Super Micro Computer Inc. late Monday said it gave Nasdaq a “compliance plan” to support its request for a filing extension in order to keep its listing, and announced a new auditor.

Shares of Super Micro Computer ( SMCI 15.93%) were surging today as investors awaited a plan from the company to stay in compliance with the Nasdaq and maintain its listing.