---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-060907"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:34:36.127395+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Penguin Solutions plans redomicile from Cayman Islands to Delaware, shares to trade as PENG

## Summary
- Board approved redomiciliation of parent to newly-formed Delaware corporation; shares exchanged 1-for-1.
- CEO Mark Adams says move reflects increased US operational focus and will streamline regulatory structure.
- Redomiciliation subject to shareholder approval, Cayman Court sanction, and other closing conditions.
- Anticipated completion in Q3 2025; common stock to continue trading on Nasdaq under symbol PENG.

## SEC filing metadata
- accession: 0001193125-25-060907
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000119312525060907/0001193125-25-060907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000119312525060907/d825254d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-060907
- JSON: https://secwatch.observer/filing/0001193125-25-060907.json
- Plain text: https://secwatch.observer/filing/0001193125-25-060907.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.