Penguin Solutions announced that its BoD has approved a plan to redomicile the parent co of Penguin Solutions group of co's from Cayman Islands to US.

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Penguin Solutions (PENG) announced that its board of directors has approved a plan to redomicile the parent company of the Penguin Solutions ...

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Upon completion of the redomiciliation, the common stock of Penguin Solutions Delaware will trade on the Nasdaq Global Select Market under the Company’s existing ticker symbol, “PENG.” ...

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Penguin Solutions Delaware, on a one-for-one basis. The company’s common stock will continue to trade on the Nasdaq Global Select Market under the ticker symbol PENG after the change.