Pixelworks transfers to Nasdaq Capital Market; gets 180-day extension to Sep 8, 2025 for bid price compliance

PIXELWORKS, INC

Transfer to Nasdaq Capital Market effective March 11, 2025 approved by Nasdaq on March 7, 2025.
180-day extension granted until September 8, 2025 to regain minimum $1.00 bid price compliance.
To regain compliance, stock must close at $1.00+ for at least 10 consecutive business days before Sep 8.
Company will monitor bid price and may consider a reverse stock split to cure the deficiency.
Pixelworks previously received Bid Price Deficiency Notice on September 11, 2024 for failing $1.00 minimum.

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