Supermicro (SMCI) has brought on Evercore (EVR) to help the company raise capital, Liana Baker and Gillian Tan of Bloomberg report, citing people familiar with the matter. The company is considering raising equity and debt to shore up its finances, sources told Bloomberg. Supermicro is weighing a potential private investment in public equity and is approaching private equity firms to gauge their interest in participating, the people said. The discussions are the early stages and the company’s plans could change, the sources added. Shares of Supermicro are down 4% to $35.00 in after-hours trading following the report.
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