Pixelworks Announces $7 Million Registered Direct Offering

Core Points - Pixelworks, Inc. has entered into a common stock purchase agreement with two institutional investors for the sale of 666,667 shares at a price of $10.50 per share, expecting gross proceeds of approximately $7 million [1][2]. Group 1: Offering Details - The offering is expected to close on October 7, 2025, subject to customary closing conditions [2]. - The net proceeds from the offering will be used for working capital and general corporate purposes [2]. - Roth Capital Partners is serving as the sole placement agent for this transaction [2]. Group 2: Regulatory Information - The shares are being offered pursuant to a registration statement that has been declared effective by the Securities and Exchange Commission [3]. - A prospectus supplement related to the offering will be filed with the SEC and will be available on their website [3]. Group 3: Company Overview - Pixelworks provides innovative video and display processing solutions, enabling high-quality viewing experiences across various screens [5]. - The company has over 20 years of experience in delivering image processing innovations to consumer electronics, professional displays, and video streaming services [5].