fromTipRanks Financial
2 weeks agoPixelworks Adjourns Shareholder Meeting for Key Vote - TipRanks.com
On November 26, 2025, Pixelworks, Inc. held a Special Meeting of Shareholders to consider three proposals, including the sale of its subsidiary, Pixelworks Semiconductor Technology (Shanghai). The meeting was adjourned due to insufficient votes for Proposal 1, which required approval from 67% of outstanding shares. The meeting will reconvene on December 8, 2025, to allow more time for shareholders to vote. The Board and independent advisory groups support the proposal, which is seen as beneficial for the company and its stakeholders.
Business
