other material
confidence high
sentiment neutral
materiality 0.50
Pixelworks raises ~$1.45M in registered direct offering of 1.97M shares at $0.736/share
PIXELWORKS, INC
- Sold 1,970,106 shares at $0.736/share (closing price on March 24, 2025) for gross proceeds of ~$1.45M.
- Closing expected on March 25, 2025; Arcadia Securities receives ~$23,750 finder's fee (2.5% of $950K placed).
- Shares offered under effective shelf registration statement on Form S-3 (File No. 333-275569).