---
schema_version: "secwatch.filing_event.v1"
accession: "0001040161-26-000002"
form_type: "8-K"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:29:24.689077+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pixelworks closes sale of Shanghai subsidiary for ~$51M net cash proceeds

## Summary
- Sale closed Jan. 6, 2026; buyer is Tiansui Xinyuan Technology, led by VeriSilicon.
- Net cash proceeds to Pixelworks of approx. $51M (RMB 357M) after costs and withholding taxes.
- Approx. $1.2M (RMB 8.7M) held in escrow pending resolution of Chinese tax matters.
- Pixelworks transferred ~49% of PWSH shares; minority shareholders sold ~29% to buyer.

## SEC filing metadata
- accession: 0001040161-26-000002
- form_type: 8-K
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040161/000104016126000002/0001040161-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000104016126000002/pxlw-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040161-26-000002
- JSON: https://secwatch.observer/filing/0001040161-26-000002.json
- Plain text: https://secwatch.observer/filing/0001040161-26-000002.txt

## Source-grounded claims
- claim_id: 20cb5b14787a691ca9afe248aeeda20325037cee
  claim: PIXELWORKS, INC completed a disposition involving Tiansui Xinyuan Technology (Shanghai) Co., Ltd. for approximately $51.0 million (closed 2026-01-06).
  evidence_excerpt: 49% of the total outstanding shares of PWSH capital stock on the Closing Date, to the Buyer; and (iv) the Buyer paid the Company approximately RMB 357 million, or approximately $51.0 million in U.S. dollars which is net of transaction costs and withholding taxes paid in China. The remaining transaction expenses incurred by the Company in connection with the Sale, not
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040161/000104016126000002/0001040161-26-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.