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Pixelworks (PXLW) investor relations material
Pixelworks Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Proxy Filing summary22 Dec, 2025
Executive summary
Board approved the sale of all shares of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. to Tiansui Xinyuan Technology (Shanghai) Co., Ltd., expected to close in early January 2026.
Sale enables focus on high-margin TrueCut technology licensing and core visual processing technology.
Sale resolves significant financial obligations related to repurchase rights held by other PWSH shareholders.
Board determined the sale does not constitute substantially all assets, so shareholder approval is not required.
Forward-looking statements caution that actual results may differ due to market and other conditions.
Voting matters and shareholder proposals
Shareholder approval was initially sought for the sale, with proxies representing 61% of outstanding shares received, and 98% of those in favor.
Board decided not to seek further proxies, as approval is not legally required.
Remaining proposals will be voted on at the reconvened special meeting on December 31, 2025.
Board of directors and corporate governance
Board adopted resolutions by unanimous written consent after a special meeting on December 19, 2025.
Board continues to believe the sale is in the best interests of the company and shareholders.
Post-sale capital allocation strategy
Rationale for ceasing proxy solicitation
Monetization strategy for core technology
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Next Pixelworks earnings date
EGM 202521 Jan, 2026
Next Pixelworks earnings date
EGM 202521 Jan, 2026
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Frequently asked questions
Pixelworks, Inc. develops and markets semiconductor and software solutions for high-end video and image processing, authentication, retinal scanning, and sensor fusion technology applications in the electronics industry. Its products include low power integrated circuits and firmware that are used by manufacturers of multimedia content creation products, mobile devices, professional displays, automotive infotainment systems, set-top boxes, projectors, networking and communications equipment, PCs, tablets and toothbrushes. The company was founded in 1997 and is headquartered in Portland, Oregon.
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