Pudgy Penguins CEO Luca Netz Hints at Listing Plans, PENGU Surges Over 66% in Past Week

Pudgy Penguins CEO Luca Netz posted a cryptic tweet featuring a pair of eyes, a penguin, and a building, followed by an arrow reading "SOON." Although no textual details were provided, the market interpreted it as a hint at the company advancing its listing plans. As a result, PENGU rose over 17% on the day, and combined with improving broader market conditions, it gained over 66% over the past week. The community interpreted the building in the post as a stock exchange, reading the message as "Look, the penguin is going public soon." In a 2025 interview, Luca Netz expressed a desire to achieve a public listing for the company by 2027.