---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-240654"
form_type: "8-K"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:30:01.403495+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-240654
- form_type: 8-K
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040161/000119312525240654/0001193125-25-240654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000119312525240654/d52501d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-240654
- JSON: https://secwatch.observer/filing/0001193125-25-240654.json
- Plain text: https://secwatch.observer/filing/0001193125-25-240654.txt

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