{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-179141","form_type":"8-K","ticker":"PENG","cik":"0001616533","company_name":"Penguin Solutions, Inc.","filed_at":"2024-07-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.788896+00:00","generated_at":"2026-05-31T20:29:53.014688+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SGH receives $200M strategic investment from SK Telecom for AI infrastructure expansion","bullets":["SK Telecom invests $200M in SGH via 200,000 convertible preferred shares at $1,000 per share.","Conversion price of $32.81 per preferred share, a 30% premium to 15-day VWAP as of July 12, 2024.","Preferred shares carry 6% annual dividend (payable in-kind or cash at SGH's option) and are redeemable by SGH.","SKT to receive board representation; standstill and voting obligations apply; closing expected by end of 2024.","SGH plans to use capital to enhance Penguin Solutions AI factory offerings and collaborate on data center solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-179141","json":"https://secwatch.observer/filing/0001193125-24-179141.json","markdown":"https://secwatch.observer/filing/0001193125-24-179141.md","text":"https://secwatch.observer/filing/0001193125-24-179141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524179141/0001193125-24-179141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524179141/d871198d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T20:29:53.014688+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}