Pixelworks to sell Shanghai subsidiary to VeriSilicon for ~$133M; net proceeds ~$50-60M

PIXELWORKS, INC

RMB 950M (~$133M) equity value; net cash proceeds ~$50-60M after transfers, costs, taxes.
Requires 67% shareholder approval; closing targeted by Dec 31, 2025.
CFO Haley F. Aman eligible for up to $325K transaction bonus tied to $40M-$70M net proceeds.
Sale constitutes substantially all assets; board unanimously approved definitive agreement.

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