Pixelworks to Reconvene Special Meeting of Shareholders on December 19, 2025

Core Viewpoint - Pixelworks, Inc. has adjourned its Special Meeting of Stockholders to December 19, 2025, due to insufficient votes for Proposal 1, which seeks to authorize the sale of its subsidiary, Pixelworks Semiconductor Technology (Shanghai) [1][2]. Proposal 1 Voting Details - Approximately 98% of the votes cast on Proposal 1 were in favor, but this only accounted for about 60% of the total outstanding shares as of the record date [2]. - The Board of Directors believes that the approval of Proposal 1 is in the best interests of the Company and its shareholders, with recommendations from leading independent proxy voting advisory groups to vote FOR Proposal 1 [2]. Special Meeting Logistics - The reconvened Special Meeting will be held virtually, allowing shareholders of record on October 17, 2025, to participate and vote [3]. - Shareholders are encouraged to vote by December 18, 2025, at 11:59 p.m. Eastern time to ensure their votes are counted [4][6]. Proxy Voting Information - Stockholders who have already voted on Proposal 1 do not need to take further action unless they wish to change their vote [5]. - For assistance with voting or to request proxy materials, shareholders can contact the Company's proxy solicitor [5]. Company Overview - Pixelworks, Inc. specializes in video and display processing solutions, providing technology that enhances viewing experiences across various screens, including cinema and smartphones [11].