Pixelworks Completes Previously Proposed Sale of its Shanghai Semiconductor Subsidiary to VeriSilicon [Yahoo! Finance]
Pixelworks, Inc. (PXLW)
Last pixelworks, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
and display processing solutions, today announced the successful closing of the Company's previously announced transaction to sell its shares in Pixelworks Semiconductor Technology (Shanghai) Co., Ltd., a company organized under the laws of the People's Republic of China and a subsidiary of Pixelworks ("Pixelworks Shanghai", or "PWSH"), to a special purpose entity ("Buyer") led by VeriSilicon Microelectronics (Shanghai) Co., Ltd. Pursuant to the original share purchase agreement and other previously disclosed supporting agreements between the respective parties involved in the transaction, Pixelworks facilitated the transfer of all outstanding capital stock in Pixelworks Shanghai to the Buyer, resulting in cash proceeds to Pixelworks, net of transaction costs and withholding taxes paid in China, totaling approximately RMB 357 million, or approximately $51 million USD. Additionally, approximately RMB 8.7 million or approximately $1.2 million USD is being held in an escrow account to be
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PXLW
News
- Marcus Theatres Adopts Pixelworks' TrueCut Motion Format to Deliver the Ultimate Premium Movie ExperiencePR Newswire
- Pixelworks Completes Previously Proposed Sale of its Shanghai Semiconductor Subsidiary to VeriSiliconPR Newswire
- Pixelworks, Inc. (PXLW) Shareholder/Analyst Call Prepared Remarks Transcript [Seeking Alpha]Seeking Alpha
- Pixelworks to Reconvene Special Meeting of Shareholders on December 31, 2025PR Newswire
- Pixelworks to Reconvene Special Meeting of Shareholders on December 19, 2025PR Newswire
PXLW
Earnings
- 11/11/25 - Beat
PXLW
Sec Filings
- 1/12/26 - Form 8-K/A
- 1/6/26 - Form 8-K
- 12/31/25 - Form 8-K
- PXLW's page on the SEC website