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Press Spotlight

SMART Global Holdings, Inc. Prices Initial Public Offering

NEWARK, CA, May 24, 2017 — SMART Global Holdings, Inc. ("SMART"), the parent company of SMART Modular Technologies, Inc., today announced the pricing of its initial public offering of 5,300,000 of its ordinary shares at a price to the public of $11.00 per share. SMART shares are expected to begin trading on the NASDAQ Global Select Market on May 24, 2017 under the ticker symbol "SGH." The offering is expected to close on May 30, 2017, subject to customary closing conditions.

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