Business Context and Reporting Period
This Form 8-K is a current report filed by SMART Global Holdings, Inc. (not Penguin Solutions, Inc.) on September 25, 2023. The registrant is a Cayman Islands exempted company with ordinary shares trading on the Nasdaq Global Select Market under the symbol SGH.
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 events and does not contain financial performance data.
Material Changes
The primary material event reported is the Board of Directors' determination regarding the timing and procedural requirements for the 2024 Annual General Meeting of Shareholders.
Guidance, Outlook, and Management Commentary
- Meeting Date: The 2024 Annual General Meeting is scheduled for February 9, 2024, at 10:00 a.m. Pacific Time.
- Director Nominations Deadline: Shareholders must submit written notice for director nominations by October 12, 2023, to be considered for the meeting.
- Other Proposals Deadline: Shareholders must submit written notice for other business proposals by November 5, 2023.
- Submission Address: Notices must be received at the Company's principal executive offices, c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, Cayman Islands.
- Compliance: All nominations and proposals must comply with Cayman Islands law, SEC regulations, and the Company's Second Amended and Restated Memorandum and Articles of Association.
Key Facts for Investor Verification
- Verify the exact location of the 2024 Annual General Meeting, which will be disclosed in the definitive proxy statement.
- Confirm the strict deadlines for shareholder proposals (November 5, 2023) and director nominations (October 12, 2023).
- Note that the filing entity is SMART Global Holdings, Inc., distinct from the company name mentioned in the request metadata.
- Review the definitive proxy statement for the full text of the Articles of Association regarding shareholder rights.