Penguin Solutions Files Proxy Statement for June Meeting
Ticker: PENG · Form: DEF 14A · Filed: May 2, 2025 · CIK: 1616533
| Field | Detail |
|---|---|
| Company | Penguin Solutions, Inc. (PENG) |
| Form Type | DEF 14A |
| Filed Date | May 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, corporate-governance
TL;DR
Penguin Solutions (formerly SMART Global) proxy filed. Vote on June 16th.
AI Summary
Penguin Solutions, Inc. filed its definitive proxy statement (DEF 14A) on May 2, 2025, for its annual meeting on June 16, 2025. The filing concerns the solicitation of proxies from shareholders regarding matters to be voted on at the meeting. The company, formerly known as SMART Global Holdings, Inc., is based in Newark, CA, and operates in the semiconductors industry.
Why It Matters
This filing is crucial for shareholders as it outlines the agenda for the annual meeting, including any proposals or director elections, allowing them to make informed voting decisions.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) and does not contain new material financial information or significant corporate events.
Key Players & Entities
- Penguin Solutions, Inc. (company) — Registrant
- SMART Global Holdings, Inc. (company) — Former company name
- May 2, 2025 (date) — Filing date
- June 16, 2025 (date) — Meeting date
- 3674 (industry_code) — Standard Industrial Classification for Semiconductors & Related Devices
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit proxies from shareholders for an upcoming shareholder meeting, detailing the matters to be voted upon.
When is Penguin Solutions' annual meeting scheduled?
The annual meeting for Penguin Solutions is scheduled for June 16, 2025.
What was Penguin Solutions' former name?
Penguin Solutions, Inc. was formerly known as SMART Global Holdings, Inc.
Where is Penguin Solutions headquartered?
Penguin Solutions, Inc. is headquartered at 39870 Eureka Drive, Newark, CA 94560-4809.
What industry does Penguin Solutions operate in?
Penguin Solutions, Inc. operates in the Semiconductors & Related Devices industry, classified under SIC code 3674.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on May 2, 2025 regarding Penguin Solutions, Inc. (PENG).