Pixelworks raises $7 million through direct stock offering

Pixelworks Inc. (NASDAQ: PXLW) entered into a stock purchase agreement with two institutional investors to sell 666,667 shares of common stock at $10.50 per share, generating approximately $7 million in gross proceeds before fees and expenses.

The offering is expected to close on October 7, 2025, subject to customary closing conditions. The company plans to use the net proceeds for working capital and general corporate purposes.

Roth Capital Partners served as the sole placement agent for the transaction. The shares are being offered pursuant to a registration statement previously filed with and declared effective by the Securities and Exchange Commission.

Pixelworks, based in Portland, Oregon, provides video and display processing solutions for consumer electronics, professional displays, and video streaming services. The company has operated in the image processing sector for more than 20 years.

A prospectus supplement relating to the offering will be filed with the SEC and made available on the commission's website. The information is based on a company press release statement.

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