{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-200635","form_type":"8-K","ticker":"PENG","cik":"0001616533","company_name":"Penguin Solutions, Inc.","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.789502+00:00","generated_at":"2026-05-31T09:20:23.126242+00:00","sec_items":["1.01","8.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SGH upsizes convertible note offering by $25M to $200M; enters capped call to limit dilution","bullets":["Initial purchasers exercised option to buy additional $25M of 2.00% Convertible Senior Notes due 2030, closing Aug 14, 2024.","Total net proceeds from offering expected ~$193M after discounts and expenses.","Company used ~$2.04M for Additional Capped Call Transactions, remaining proceeds to repay term loan facility.","Capped call transactions cover shares underlying Option Notes, cap price initially ~$37.70 (75% premium over Aug 1 close)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-200635","json":"https://secwatch.observer/filing/0001193125-24-200635.json","markdown":"https://secwatch.observer/filing/0001193125-24-200635.md","text":"https://secwatch.observer/filing/0001193125-24-200635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524200635/0001193125-24-200635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524200635/d855925d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:20:23.126242+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"}