SMART Global Holdings, Inc. announced it has entered into a Securities Purchase Agreement to issue 200,000 convertible preferred shares par value $0.03 per share at a purchase price of $1,000 per share or an aggregate purchase price of $200,000,000 on July 14, 2024. The transaction includes participation from new investor, SK Telecom Co., Ltd. The preferred shares are convertible into Ordinary Shares at a conversion price of $32.81 per preferred share, subject to adjustment upon the occurrence of certain events. Holders of the CPS will also be entitled to certain protective provisions.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
27.44 USD | -6.52% |
|
+19.16% | +46.17% |
06:32pm | Smart Global to Rebrand to Penguin Solutions | MT |
04:00pm | Transcript : SMART Global Holdings, Inc. - Analyst/Investor Day |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
| ||
---|---|---|---|---|---|
52,800 KRW | +0.96% | +2.72% | 8.06B | ||
27.44 USD | -6.52% | +19.16% | 1.55B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+46.17% | 1.55B | |
+10.67% | 10.01B | |
-5.33% | 6.99B | |
+4.32% | 5.5B | |
+18.65% | 3.76B | |
+51.03% | 1.62B | |
+35.76% | 1.35B | |
+26.55% | 1.33B | |
-10.75% | 939M | |
-42.36% | 615M |
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- News SMART Global Holdings, Inc.
- SMART Global Holdings, Inc. announced that it expects to receive $200 million in funding from SK Telecom Co., Ltd.