SMART Global Holdings Reports on Credit Facilities and Equity Sales

TL;DR

SMART Global Holdings filed an 8-K detailing credit facility agreements and equity sales.

AI Summary

On August 12, 2024, SMART Global Holdings, Inc. entered into a material definitive agreement related to its credit facilities. The company also reported on unregistered sales of equity securities and other events, including financial statements and exhibits.

Why It Matters

This filing provides updates on the company's financial obligations and equity transactions, which can impact its financial health and stock performance.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and financial obligations, which carry inherent financial risks.

Key Players & Entities

• SMART Global Holdings, Inc. (company) — Registrant
• August 12, 2024 (date) — Date of earliest event reported
• 001-38102 (company) — SEC File Number
• 98-1013909 (company) — IRS Employer Identification No.

FAQ

From the Filing

0001193125-24-200635.txt : 20240814 0001193125-24-200635.hdr.sgml : 20240814 20240814161601 ACCESSION NUMBER: 0001193125-24-200635 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240812 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240814 DATE AS OF CHANGE: 20240814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SMART Global Holdings, Inc. CENTRAL INDEX KEY: 0001616533 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 981013909 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0826 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 241208091 BUSINESS ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 BUSINESS PHONE: (510) 623-1231 MAIL ADDRESS: STREET 1: 39870 EUREKA DRIVE CITY: NEWARK STATE: CA ZIP: 94560-4809 8-K 1 d855925d8k.htm 8-K 8-K false 0001616533 0001616533 2024-08-12 2024-08-12     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 12, 2024     SMART GLOBAL HOLDINGS, INC. (Exact name of registrant as specified in its charter)       Cayman Islands   001-38102   98-1013909 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) c/o Walkers Corporate Limited 190 Elgin Avenue George Town , Grand Cayman Cayman Islands KY1-9008 (Address of principal executive offices) (Zip Code) (510) 623-1231 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol(s)   Name of each exchange on which registered Ordinary shares, $0.03 par value per share   SGH   Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01. Entry into a Material Definitive Agreement. The disclosure set forth under the heading Additional Capped Call Transactions in Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.   Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure