Penguin Solutions Files 8-K on Shareholder Vote Matters
Ticker: PENG · Form: 8-K · Filed: 2025-06-17T00:00:00.000Z
Sentiment: neutral
Topics: shareholder-vote, corporate-action
TL;DR
Penguin Solutions is having a shareholder vote.
AI Summary
Penguin Solutions, Inc. filed an 8-K on June 17, 2025, reporting on a submission of matters to a vote of security holders. The filing date for the report is June 16, 2025. The company, formerly known as SMART Global Holdings, Inc., is incorporated in the Cayman Islands and has its principal executive offices in Newark, California.
Why It Matters
This filing indicates that Penguin Solutions is engaging in a process that requires shareholder approval, which could lead to significant corporate actions or changes.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote, not an indication of immediate financial distress or major strategic shifts.
Key Players & Entities
- Penguin Solutions, Inc. (company) — Registrant
- SMART Global Holdings, Inc. (company) — Former company name
- June 16, 2025 (date) — Date of earliest event reported
- June 17, 2025 (date) — Date of report
- 001-38102 (other) — Commission File Number
- 98-1013909 (other) — I.R.S. Employer Identification No.
- (510) 623-1231 (other) — Registrant's Telephone Number
FAQ
What specific matters are being submitted to a vote of security holders?
The filing states that it is a 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 16, 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.
Where are Penguin Solutions, Inc.'s principal executive offices located?
The principal executive offices are located at 39870 EUREKA DRIVE, NEWARK, CA 94560-4809.
From the Filing
0001193125-25-142059.txt : 20250617 0001193125-25-142059.hdr.sgml : 20250617 20250617161028 ACCESSION NUMBER: 0001193125-25-142059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250616 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20250617 DATE AS OF CHANGE: 20250617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Penguin Solutions, Inc. CENTRAL INDEX KEY: 0001616533 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 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: 251053416 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 d19150d8k.htm 8-K 8-K false 0001616533 0001616533 2025-06-16 2025-06-16     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): June 16, 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. ☐       Item 5.07 Submission of Matters to a Vote of Security Holders. As previously announced, in order to complete the redomiciliation of the parent company of Penguin Solutions, Inc. (the “Company” or “Penguin Solutions Cayman”) and its subsidiaries from the Cayman Islands to the United States, the board of directors of the Company approved the entry into a Cayman Islands scheme of arrangement with its shareholders, which is a court-approved arrangement that required shareholder approv