Company: PENG
Filing Date: 2025-04-02
Form Type: S-8
Source: 0001628280-25-016217
Chunk: 1

Company: Penguin Solutions, Inc.
Filing Date: 2025-04-02
Form: S-8
Chunk 1
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 of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

| Large accelerated filer |     | ☒ |     | Accelerated filer         |     | ☐ |
| Non-accelerated filer   |     | ☐ |     | Smaller reporting company |     | ☐ |
|                         |     |   |     | Emerging growth company   |     | ☐ |

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

### EXPLANATORY NOTE
This Registration Statement on Form S-8 (this “

#### Registration Statement
”) is being filed with the Securities and Exchange Commission (the “

#### Commission
”) by Penguin Solutions, Inc., formerly known as SMART Global Holdings, Inc. (the “

#### Registrant
”), for the purpose of registering an aggregate of 2,376,712 additional ordinary shares of the Registrant, $0.03 par value per share (the “

#### Shares
”), for issuance under the Registrant’s Amended and Restated 2017 Share Incentive Plan (as amended, the “

#### 2017 Plan
”) and 2018 Employee Share Purchase Plan (the “

#### ESPP
”), comprised of: (i) 1,331,913 Shares under its 2017 Plan pursuant to Section 4(a) thereof, which provides for an annual increase in the number of shares reserved for issuance under the 2017 Plan; (ii) 444,799 Shares that became available for issuance under the 2017 Plan as a result of forfeitures of outstanding awards pursuant to Section 4(a) of the 2017 Plan; and (iii) 600,000 Shares under its ESPP pursuant to Section 3(b) thereof, which provides for an annual increase in the number of shares reserved for issuance under the ESPP.

Pursuant to General Instruction E of Form S-8 regarding Registration of Additional Securities, this Registration Statement hereby incorporates by reference the contents of the Registrant’s Registration Statements on Form S-8 filed with the Commission on June 8, 2017 (Registration No. 333-218605), November 13,