[Boosted by IPO rumors, PENGU surged over 66% in the past week] Odaily Planet Daily News: On August 23, Pudgy Penguins CEO Luca Netz posted a cryptic tweet featuring an emoji of a pair of eyes, a penguin, and a building, followed by an arrow pointing to the word 'SOON.' Although no textual information was provided, the market interpreted this as a hint that the company is advancing its IPO plans. As a result, PENGU rose over 17% on August 23 alone. Combined with an overall market recovery, it has surged over 66% in the past week. The community interpreted the building in the post as a stock exchange and the message as 'Look, the penguins are going public soon.' In a 2025 interview, Luca Netz had expressed his hope to take the company public before 2027.