Company: PENG
Filing Date: 2025-08-27
Form Type: S-3ASR
Source: 0001616533-25-000054
Chunk: 35

Company: Penguin Solutions, Inc.
Filing Date: 2025-08-27
Form: S-3ASR
Chunk 35
---
 will last until December 13, 2025. Further, until December 13, 2026, neither SK nor its affiliates shall, except with the prior consent of a majority of the directors of our Board (exclusive of the vote of the Investor Designee), dispose of any shares of our common stock issued with respect to their shares of Issued Convertible Preferred Stock representing more than 5% of the issued and outstanding shares of our common stock (calculated on a fully-diluted basis (as described in the Investor Agreement)) to any competitors or activist shareholders (each as described in the Investor Agreement).

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### LEGAL MATTERS
The validity of the common stock being offered by this prospectus will be passed upon for us by Latham & Watkins LLP, Menlo Park, California. Additional legal matters may be passed upon for us or any underwriters, dealers or agents, by counsel that we will name in the applicable prospectus supplement.

### EXPERTS
The financial statements of Penguin Solutions, Inc. incorporated by reference in this prospectus, and the effectiveness of Penguin Solutions, Inc.’s internal control over financial reporting have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their reports. Such financial statements are incorporated by reference in reliance upon the reports of such firm, given their authority as experts in accounting and auditing.

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# PART II
INFORMATION NOT REQUIRED IN PROSPECTUS

## Item 14. Other Expenses of Issuance and Distribution.
The following is an estimate of the expenses (all of which are to be paid by the registrant) that we may incur in connection with the securities being registered hereby.

| SEC registration fee                |     | $ |     |    |     | 21,839.54 |
| Legal fees and expenses             |     |   |     | *  |     |           |
| Accounting fees and expenses        |     |   |     | ** |     |           |
| Printing and miscellaneous expenses |     |   |     | *  |     |           |
| Total                               |     | $ |     | *  |     |           |

*These fees are calculated based on the securities offered and the number of issuances and accordingly cannot be estimated at this time.

**These fees are calculated based on the number of issuances in applicable offerings and accordingly cannot be estimated at this time.

## Item 15