Super Micro Computer, Inc. has fully prepaid and terminated its loan agreements with Cathay Bank and Bank of America, signaling a strategic move to enhance its financial flexibility. This decision could influence the company’s future investment capabilities and financial strategies, making it a noteworthy development for stock market enthusiasts.

Super Micro Computer has ended loan agreements with two banks as recent amendments to those pacts made them more burdensome. The move frees up some cash, and removes restrictions tied to the embattled server maker’s late filing of audited financial statements.

Super Micro Computer edged slightly higher during early market action Wednesday after it was revealed the company had prepaid loan agreements. Read more here.