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Penguin Solutions PENG

Penguin Solutions announces sale of Cree LED business

Item 5.02 Executive or director change, Item 7.01 Investor disclosure, Item 8.01 Other events

Form
8-K
Filed
Importance
Major
  1. Penguin Solutions agreed to sell its Cree LED business to Transom Crystal AcquireCo, LLC
  2. The transaction is expected to close in Q1 2027
  3. The sale is an all-cash transaction
  4. The Company's Optimized LED segment is part of the sale

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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