Pixelworks Raises Fresh Cash For Visual Tech Push, Stock Falls

Pixelworks Inc. (NASDAQ:PXLW) shares slipped Monday after the company announced a $7 million stock sale to institutional investors, part of its plan to strengthen liquidity and fund future product development. The decline followed the pricing of the offering, which will provide fresh capital to support Pixelworks' growth in visual display and semiconductor technologies. The agreement covers the sale of 666,667 shares at $10.50 each. The transaction is scheduled to close Oct. 7, 2025, pending standard cond ...