---
schema_version: "secwatch.filing_event.v1"
accession: "0001040161-26-000007"
form_type: "8-K/A"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:46:00.895012+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pixelworks closes sale of Shanghai unit for ~$51M net; pro forma shows continued losses

## Summary
- Net cash proceeds ~$51M after $9.45M China withholding tax and $6.2M transaction costs.
- Pro forma net loss from continuing ops: 9mo 2025 $7.4M ($1.24/sh), FY2024 $13.2M ($2.38/sh), FY2023 $10.0M ($2.13/sh).
- Registered direct offering of 666,667 shares at $10.50/sh closed Oct 7, 2025, raising $7M gross ($6.54M net).
- One-time restructuring charges of $1.7M and estimated cash bonuses of $0.8M recorded in pro forma adjustments.
- ~$1.2M held in escrow for tax matters; non-exclusive patent license granted to Pixelworks by sold entity.

## SEC filing metadata
- accession: 0001040161-26-000007
- form_type: 8-K/A
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040161/000104016126000007/0001040161-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000104016126000007/pxlw-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040161-26-000007
- JSON: https://secwatch.observer/filing/0001040161-26-000007.json
- Plain text: https://secwatch.observer/filing/0001040161-26-000007.txt

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