SEC Filing Summary: Form 8-K
Business Context and Reporting Period
This is a Current Report (Form 8-K) filed by SMART Global Holdings, Inc. (not Penguin Solutions, Inc.) on April 21, 2021, reporting an event that occurred on April 20, 2021. The company is incorporated in the Cayman Islands and its ordinary shares trade on the Nasdaq Global Select Market under the symbol SGH.
Key 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 and does not contain financial performance data.
Material Changes
Under Item 5.02, the Company reported the departure of a director:
- Resignation: Kenneth Hao submitted his resignation as a director, effective April 20, 2021.
- Reason: 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 management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the standard disclosure regarding the director's resignation.
Investor Verification Checklist
- Verify the updated composition of the Board of Directors following Mr. Hao's departure.
- Confirm the ticker symbol SGH and ensure no confusion with other entities (e.g., the "Penguin Solutions" name in the request metadata does not match the registrant).
- Review subsequent filings to determine if a replacement director was appointed.