Welcome to our dedicated page for SMART Global Holdings SEC filings (Ticker: SGH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Penguin Solutions, Inc. filings document material events, capital structure changes and governance disclosures for its enterprise technology business. Recent Form 8-K reports cover quarterly financial results, non-GAAP reconciliations, executive appointments and separations, and material financing arrangements, including a revolving credit facility involving SMART Modular Technologies as co-borrower.
The filing record also documents the company’s public security transition from Cayman ordinary shares to Delaware common stock listed on the Nasdaq Global Select Market under PENG. Form 15 materials address termination of registration or suspension of reporting duties for the former ordinary shares, while current-event reports identify registered common stock, exchange listing information, and related corporate-status disclosures.
Penguin Solutions (Nasdaq:SGH) entered into a new $400 million senior-secured revolving credit facility with JPMorgan on June 24, 2025, maturing June 24, 2030.
The company immediately drew $100 million and, together with $200 million of cash, fully repaid and terminated its prior 2022 credit agreement that carried a $300 million term loan A and a $250 million revolver due 2027.
Borrowings price at either Term SOFR or base rate plus a 0.25 %–3.00 % margin tied to leverage; unused commitments carry a 0.25 % fee (up to 0.35 %).
Quarter-end covenants include Total Leverage ≤4.5× (5.0× post-acquisition), First-Lien Leverage ≤3.25× and Interest Coverage ≥3.0×, alongside customary restrictions on debt, dividends, M&A and liens. The facility is guaranteed by key U.S. and Cayman subsidiaries and secured by substantially all assets.
The refinancing extends maturities by three years, reduces net debt by $200 million and increases liquidity flexibility.