Suji Desilva

Nick Doyle

Nicolas Doyle

Richard Shannon

Sujeeva De Silva

Tyler Anderson

- Pixelworks, Inc. (PXLW) has signed a definitive agreement to **sell its shares in Pixelworks Semiconductor Technology (Shanghai) Co., Ltd.** to a special purpose entity led by VeriSilicon Microelectronics (Shanghai) Co., Ltd..  **[1040161_0001193125-25-240654_d52501dex991.htm:0]** **[1040161_0001193125-25-240654_d52501d8k.htm:1]** 
- The purchase price for 100% of Pixelworks Shanghai is calculated based on an equity value of **RMB 950 million**, which is approximately **$133 million USD**.  **[1040161_0001193125-25-240654_d52501dex991.htm:0]** **[1040161_0001193125-25-240654_d52501d8k.htm:1]** 
- Pixelworks expects to receive net cash proceeds ranging from approximately **$50 million to $60 million** upon the closing of the transaction, after accounting for share transfers, transaction costs, and withholding taxes.  **[1040161_0001193125-25-240654_d52501dex991.htm:0]** **[1040161_0001193125-25-240654_d52501d8k.htm:2]** 
- The transaction is anticipated to close by the **end of 2025**, subject to approval by holders of **67% of Pixelworks' outstanding common stock** and other customary closing conditions.  **[1040161_0001193125-25-240654_d52501dex991.htm:0]** **[1040161_0001193125-25-240654_d52501d8k.htm:1]** 
- Pixelworks' Chief Financial Officer, Haley Aman, is eligible for a transaction bonus of up to **$325,000** if the qualifying transaction closes by December 31, 2025, with net cash proceeds to the company between $40 million and $70 million.  **[1040161_0001193125-25-240654_d52501dex104.htm:0]** **[1040161_0001193125-25-240654_d52501d8k.htm:3]**

Pixelworks Announces Definitive Agreement to Sell Shanghai Subsidiary

- Pixelworks, Inc. has signed a definitive agreement to sell its shares in **Pixelworks Semiconductor Technology (Shanghai) Co., Ltd.** to a special purpose entity led by VeriSilicon Microelectronics (Shanghai) Co., Ltd..  **[1040161_20251015LA97082:0]** 
- The purchase price is calculated based on an equity value of **RMB 950 million** for 100% of Pixelworks Shanghai, which is approximately **$133 million USD**.  **[1040161_20251015LA97082:0]** 
- Pixelworks expects to receive net cash proceeds ranging from approximately **$50 million to $60 million** upon closing, after transaction costs and withholding taxes.  **[1040161_20251015LA97082:0]** 
- The transaction is anticipated to close by the **end of 2025**, contingent on approval by holders of **67%** of Pixelworks' outstanding common stock and other customary closing conditions.  **[1040161_20251015LA97082:0]**

- Pixelworks, Inc. announced a **registered direct offering** of **666,667 shares of common stock** at **$10.50 per share**, expecting to generate approximately **$7 million** in gross proceeds.  **[1040161_0001193125-25-231016_d36255dex991.htm:0]** 
- The offering, anticipated to close on **October 7, 2025**, is with **two fundamental institutional investors**, and net proceeds will be used for **working capital and general corporate purposes**.  **[1040161_0001193125-25-231016_d36255dex991.htm:0]** 
- **Roth Capital Partners** is the sole placement agent, and the company's directors and executive officers will be subject to a **30-day lock-up period**.  **[1040161_0001193125-25-231016_d36255dex991.htm:0]** **[1040161_0001193125-25-231016_d36255d8k.htm:1]**

Pixelworks Announces $7 Million Registered Direct Offering

- Pixelworks, Inc. (PXLW) announced a registered direct offering for the sale of **666,667 shares** of common stock at a price of **$10.50 per share**.  **[1040161_20251006LA90729:0]** 
- The offering is expected to generate approximately **$7 million** in gross proceeds from two fundamental institutional investors.  **[1040161_20251006LA90729:0]** 
- The transaction is anticipated to close on **October 7, 2025**, with net proceeds intended for **working capital and general corporate purposes**.  **[1040161_20251006LA90729:0]**

PIXELWORKS (PXLW)