Company: PENG
Filing Date: 2025-06-30
Form Type: 8-K12B
Source: 0001193125-25-152807
Chunk: 2

Company: Penguin Solutions, Inc.
Filing Date: 2025-06-30
Form: 8-K12B
Chunk 2
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man expects to file a Form 15 with the SEC to terminate the registration under the Exchange Act of Penguin Solutions Cayman ordinary shares and suspend all of its reporting obligations under Sections 12(g) and 15(d) of the Exchange Act on the date hereof. Pursuant to Rule 12g-3(a)under the Exchange Act, Penguin Solutions Delaware is the successor issuer to Penguin Solutions Cayman, Penguin Solutions Delaware’s common stock is deemed to be registered under Section 12(b) of the Exchange Act, and Penguin Solutions Delaware is subject to the periodic and current reporting requirements of the Exchange Act and the rules and regulations promulgated thereunder. Penguin Solutions Delaware hereby reports this succession in accordance with Rule 12g-3(f)under the Exchange Act. Penguin Solutions Delaware’s common stock will begin trading on Nasdaq at the start of trading on July 1, 2025 and will trade under the symbol “PENG”, which is the same symbol under which Penguin Solutions Cayman ordinary shares previously traded. The CUSIP number for Penguin Solutions Delaware’s common stock is 706915105.

| Item 1.01 | Entry into a Material Definitive Agreement. |

Indemnification and Advancement Agreements Effective upon the consummation of the Redomiciliation Transaction, Penguin Solutions Delaware entered into indemnification and advancement agreements (the “ Indemnification Agreements”) with each of Penguin Solutions Delaware’s directors and executive officers. The Indemnification Agreements provide for indemnification of the directors and executive officers of Penguin Solutions Delaware to the fullest extent permitted under Delaware law as it now exists or may in the future be amended, against all liabilities, losses and expense incurred in connection with their service as a director or officer on behalf of Penguin Solutions Delaware. In addition, the Indemnification Agreements provide that, to the extent not prohibited by applicable law, Penguin Solutions Delaware will advance expenses, including attorneys’ fees, incurred by a director or officer of Penguin Solutions Delaware, in defending any action, suit or proceeding within fifteen days of request for such advancement; provided that, to the extent it is ultimately determined that such person is not entitled to be indemnified by Penguin Solutions Delaware, such director or officer has undertaken to repay any amounts so advanced. The foregoing description of the Indemnification Agreements is a general description only and is qualified in its entirety by reference to the form of the Indemnification Agreement, which is filed as Exhibit 10.1, and incorporated herein by