Penguin Solutions, Inc. issued $750.0 million in 0.00% convertible senior notes due 2031, including a $100.0 million option for initial purchasers. The company is using net proceeds to repurchase $135.5 million of 2029 convertible notes and $160.0 million of 2030 convertible notes through exchange transactions involving cash and common stock, repay $100.0 million under a credit agreement, and fund capped call transactions. Penguin Solutions is a provider of memory and AI infrastructure for enterprise and neocloud environments.

Penguin Solutions, Inc. issued a press release on July 7, 2026, announcing its financial results for the third quarter of fiscal 2026. The company also scheduled a conference call to discuss these results and provided non-GAAP financial reconciliations within the attached exhibit. Penguin Solutions, Inc. provides technology solutions and services.

Penguin Solutions, Inc. announced an amendment to its previous 8-K filing to supplement the disclosure of compensatory arrangements for interim CFO Aaron Johnson, effective July 9, 2026. The Compensation Committee approved a $10,000 monthly stipend and a grant of 5,153 time-based restricted stock units (RSUs) to Mr. Johnson. Penguin Solutions, Inc. provides high-performance computing solutions and enterprise infrastructure services.