Penguin Solutions announces a $650 million private offering of convertible notes due 2031 to enhance its capital structure.
Amount Raised
$650 Million
Round Type
Convertible Note
FremontInformation TechnologySoftwareArtificial IntelligenceSportsConsultingDescription
Penguin Solutions is pricing a private offering of $650 million in convertible senior notes due 2031. The offering is aimed at qualified buyers and is part of a refinancing strategy. This move is intended to enhance the company's capital structure. The financing will provide additional capital for operational flexibility.
Who else raised in Sports and Consulting around the same time
Companies in the same sectors as Penguin Solutions that raised within 45 days of this round, from Fundz verified event records.
- AuraGxP raised an undisclosed amount (Seed) on August 19, 2026.
- The Bridge raised an undisclosed amount on August 7, 2026.
- Aiforia raised $23M (Debt Financing) on August 3, 2026.
- Pathfinder raised an undisclosed amount (Angel) on July 22, 2026.
- CAPER raised an undisclosed amount on August 28, 2026.
- Roma AI raised $1.2M (Seed) on August 28, 2026.
Who to call at Penguin Solutions, and when
A new round usually means Penguin Solutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Penguin Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Penguin Solutions, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Penguin Solutions. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Penguin Solutions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Penguin Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.