Penguin Solutions Files 8-K/A Amendment

TL;DR

Penguin Solutions filed an amendment to its financial report - check for updates on operations.

AI Summary

Penguin Solutions, Inc. filed an amendment (8-K/A) on October 16, 2024, to its report originally filed on October 15, 2024. The amendment pertains to Item Information regarding Results of Operations and Financial Condition. The company, formerly known as SMART Global Holdings, Inc., is incorporated in the Cayman Islands and operates in the Semiconductors & Related Devices industry.

Why It Matters

This filing indicates an update or correction to Penguin Solutions' financial reporting, which could impact investor understanding of the company's operational and financial status.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing, likely for clarification or correction, rather than a new material event.

Key Numbers

• 001-38102 — Commission File Number (Identifies the specific SEC filing for Penguin Solutions, Inc.)
• 98-1013909 — IRS Employer Identification No. (Tax identification number for the company.)

Key Players & Entities

• Penguin Solutions, Inc. (company) — Registrant
• SMART Global Holdings, Inc. (company) — Former Name
• October 15, 2024 (date) — Date of earliest event reported
• October 16, 2024 (date) — Date of Report (Amendment filing date)
• 001-38102 (other) — Commission File Number
• 98-1013909 (other) — I.R.S. Employer Identification No.
• 3674 (other) — Standard Industrial Classification Code for Semiconductors & Related Devices

FAQ

From the Filing

0001628280-24-042888.txt : 20241016 0001628280-24-042888.hdr.sgml : 20241016 20241016061652 ACCESSION NUMBER: 0001628280-24-042888 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241015 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20241016 DATE AS OF CHANGE: 20241016 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 241373240 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/A 1 peng-20241015.htm 8-K/A peng-20241015 0001616533 TRUE 0001616533 2024-10-15 2024-10-15 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A (Amendment No. 1) 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 This Amendment No. 1 on Form 8-K/A is being filed by Penguin Solutions, Inc. (the “Company”) to amend its Current Report on Form 8-K dated October 15, 2024 (the “Form 8-K”) to correct an error in Exhibit 99.1 furnished with the Form 8-K. Item 2.02 Results of Operations and Financial Condition. On October 15, 2024, the Company issued a press release announcing its financial results for the fourth quarter and full year fiscal 2024. A copy of the press release was attached to the Form 8-K as Exhibit 99.1. The Company subsequently discovered that the earnings release contained an error in the Reconciliation of GAAP to Non-GAAP Measures table. The reconciliation of “GAAP