Penguin Solutions Reports on Shareholder Vote Matters

Ticker: PENG · Form: 8-K · Filed: 2025-02-12T00:00:00.000Z

Sentiment: neutral

Topics: governance, shareholder-vote

TL;DR

Penguin Solutions held a shareholder vote on Feb 7th. Details to follow.

AI Summary

Penguin Solutions, Inc. filed an 8-K on February 12, 2025, reporting on a submission of matters to a vote of security holders that occurred on February 7, 2025. The company, formerly known as SMART Global Holdings, Inc., is incorporated in the Cayman Islands and operates in the semiconductors industry.

Why It Matters

This filing indicates that Penguin Solutions held a shareholder vote, which is a key governance event that can impact corporate decisions and future strategic direction.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not contain information suggesting immediate financial or operational risks.

Key Players & Entities

FAQ

What specific matters were submitted for a vote of security holders?

The filing states that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on February 7, 2025.

What is the Commission File Number for Penguin Solutions, Inc.?

The Commission File Number is 001-38102.

What was Penguin Solutions, Inc. formerly known as?

Penguin Solutions, Inc. was formerly known as SMART Global Holdings, Inc.

In which jurisdiction is Penguin Solutions, Inc. incorporated?

Penguin Solutions, Inc. is incorporated in the Cayman Islands.

From the Filing

0001628280-25-005193.txt : 20250212 0001628280-25-005193.hdr.sgml : 20250212 20250212172039 ACCESSION NUMBER: 0001628280-25-005193 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250207 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20250212 DATE AS OF CHANGE: 20250212 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: 25616113 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-20250207.htm 8-K peng-20250207 0001616533 FALSE 0001616533 2025-02-07 2025-02-07 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): February 7, 2025 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 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 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 5.07     Submission of Matters to a Vote of Security Holders. Penguin Solutions, Inc. (the “Company”) held its 2025 Annual General Meeting of Shareholders (the “Annual General Meeting”) on February 7, 2025. The final voting results for each of the items submitted to a shareholder vote at the Annual General Meeting are set forth below. Proposal No. 1: Election of Directors Shareholders elected each of the two nominees for Class II director to serve until the Company’s 2028 annual general meeting of shareholders or until their successors are duly elected and qualified. The results of such vote were: Nominee For Against Abstain Broker Non-Votes Min Yong Ha 38,229,828 1,951,185 33,564 5,881,580

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