Company: PENG
Filing Date: 2025-08-27
Form Type: S-3ASR
Source: 0001616533-25-000054
Chunk: 6

Company: Penguin Solutions, Inc.
Filing Date: 2025-08-27
Form: S-3ASR
Chunk 6
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 as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “due,” “estimate,” “expect,” “goal,” “intend,” “may,” “objective,” “plan,” “predict,” “potential,” “positioned,” “seek,” “should,” “target,” “will,” “would,” and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements about:

• global business and economic conditions, including the impact on the financial condition of our customers, particularly in challenging macroeconomic environments, growth trends in technology industries (including trends and markets related to artificial intelligence), our customer markets and various geographic regions;

• uncertainties in the geopolitical environment;

• our ability to manage our cost structure;

• disruptions in our operations or supply chain as a result of global pandemics or otherwise;

• changes in trade regulations and tariffs or adverse developments in international trade relations and agreements;

• changes in currency exchange rates;

• overall information technology spending, including changes in customer spending on our products and services;

• appropriations for government spending;

• the success of our strategic initiatives including our U.S. Domestication and our ability to realize the anticipated benefits thereof, our rebranding and related strategy, any existing or potential collaborations, and additional investments in new products and additional capacity;

• acquisitions of companies or technologies and the failure to successfully integrate and operate them or customers’ negative reactions to them;

• issues, delays or complications in integrating the operations of Storm Private Holdings I Ltd. and its subsidiaries;

• the failure to achieve the intended benefits of the sale of SMART Brazil and its business;

• the impact of and expected timing of winding down the manufacturing and discontinuing the sale of products offered through our Penguin Edge business;

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• limitations on or changes in the availability of supply of materials and components;

• fluctuations in material costs;

• the temporary or volatile nature of pricing trends in memory or elsewhere;

• deterioration in customer relationships;

• our dependence on a select number of customers and the timing and volume of customer orders and renewals;

• the impact of customer churn rates, including discounting and churn of significant customers from whom we derive a significant percent of our revenue;

• production or manufacturing difficulties;

• competitive factors;

• technological changes;

• difficulties with, or delays in, the introduction of new products;

• slowing or