Penguin Solutions, Inc. Files 8-K on Financials

Ticker: PENG · Form: 8-K · Filed: 2024-10-15T00:00:00.000Z

Sentiment: neutral

Topics: financial-reporting, corporate-update

TL;DR

Penguin Solutions (fka SMART Global) dropped an 8-K on financials & corporate updates. Check it out.

AI Summary

Penguin Solutions, Inc. filed an 8-K on October 15, 2024, reporting on its results of operations and financial condition. The filing also includes amendments to its articles of incorporation or bylaws and financial statements and exhibits. The company was formerly known as SMART Global Holdings, Inc. and changed its name on August 13, 2014.

Why It Matters

This 8-K filing provides crucial updates on Penguin Solutions' financial performance and corporate structure, which are important for investors to assess the company's current standing and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine 8-K reporting financial results and corporate information, not indicating any immediate or significant risks.

Key Players & Entities

FAQ

What specific financial results are being reported in this 8-K?

The filing indicates it reports on 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.

What amendments were made to the articles of incorporation or bylaws?

The filing states 'Amendments to Articles of Incorporation or Bylaws' as an item information, but the details of these amendments are not included in the provided text.

When did the company officially change its name from SMART Global Holdings, Inc. to Penguin Solutions, Inc.?

The company's name was changed from SMART Global Holdings, Inc. on August 13, 2014.

What is the principal executive office address for Penguin Solutions, Inc.?

The principal executive offices are located at c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, Cayman Islands KY1-9008.

What is the SIC code for Penguin Solutions, Inc.?

The Standard Industrial Classification (SIC) code for Penguin Solutions, Inc. is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.

From the Filing

0001628280-24-042831.txt : 20241015 0001628280-24-042831.hdr.sgml : 20241015 20241015160907 ACCESSION NUMBER: 0001628280-24-042831 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241015 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241015 DATE AS OF CHANGE: 20241015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Penguin Solutions, 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: 0830 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 241371929 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 FORMER COMPANY: FORMER CONFORMED NAME: SMART Global Holdings, Inc. DATE OF NAME CHANGE: 20140813 8-K 1 peng-20241015.htm 8-K peng-20241015 0001616533 FALSE 08/30 0001616533 2024-10-15 2024-10-15 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): October 15, 2024 PENGUIN SOLUTIONS, INC. (Exact name of registrant as specified in its charter) Commission File Number 001-38102 Cayman Islands 98-1013909 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. 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) Registrant’s Telephone Number, Including Area Code: ( 510 ) 623-1231 SMART Global Holdings, Inc. (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 PENG 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. ☐ 1 Item 2.02 Results of Operations and Financial Condition. On October 15, 2024, Penguin Solutions, Inc. (the “Company”) issued a press release and will hold a conference call announcing its financial results for the fourth quarter and full year fiscal 2024. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (the “Form 8-K”) and is incorporated herein by reference. The Company refers to non-GAAP financial information in both the press release and on the conference call. A reconciliation of these non-GAAP financial measure

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