Penguin Solutions, Inc. current report, 19 January 2018

SEC Filing Summary: SMART Global Holdings, Inc.

Business Context and Reporting Period

This Form 8-K was filed by SMART Global Holdings, Inc. (not Penguin Solutions, Inc.) on January 22, 2018, reporting events occurring on January 19, 2018. The registrant is incorporated in the Cayman Islands and is designated as an emerging growth company.

Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.

Material Changes

On January 19, 2018, Mr. James Davidson resigned as a member of the Board of Directors. The Company explicitly stated that the resignation was not the result of any disagreement with the Company regarding its operations, policies, or practices.

Guidance, Outlook, and Risks

The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies beyond the director resignation.

Key Facts for Investor Verification

  • Confirm the current composition of the Board of Directors following Mr. Davidson's departure.
  • Verify if a replacement director has been appointed or if the board is operating with a vacancy.
  • Review subsequent filings to ensure no undisclosed disagreements or related party transactions exist regarding the resignation.