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Pixelworks Again Adjourns Special Meeting on Shanghai Divestiture

Story Highlights
  • Pixelworks again adjourned its 2025 Special Meeting on December 19 without votes on key proposals.
  • Insufficient shareholder support delayed approval of the planned sale of its Shanghai semiconductor subsidiary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pixelworks Again Adjourns Special Meeting on Shanghai Divestiture

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Pixelworks ( (PXLW) ) has shared an announcement.

On December 19, 2025, Pixelworks reconvened its 2025 Special Meeting of Shareholders, originally convened on November 26 and later reconvened and adjourned on December 8, but again adjourned the meeting without voting on either of two proposals after failing to secure proxies or voting instructions from holders of at least 67% of its outstanding common shares in favor of a planned sale of all the stock of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. The company said the Special Meeting, which focuses on shareholder approval for divesting the Shanghai subsidiary, will reconvene via remote communication on December 31, 2025, underscoring ongoing challenges in obtaining sufficient shareholder support for a potentially significant shift in its business footprint.

The most recent analyst rating on (PXLW) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Pixelworks stock, see the PXLW Stock Forecast page.

Spark’s Take on PXLW Stock

According to Spark, TipRanks’ AI Analyst, PXLW is a Neutral.

Pixelworks’ overall stock score is primarily impacted by its poor financial performance, with significant challenges in revenue, profitability, and cash flow management. While recent corporate events and strategic transactions offer potential for improved financial flexibility, the current financial health remains a major concern. Technical indicators and valuation metrics further reflect the company’s struggles, though the earnings call provided some positive developments.

To see Spark’s full report on PXLW stock, click here.

More about Pixelworks

Pixelworks, Inc. operates in the semiconductor and display technology industry, providing video and display processing solutions through subsidiaries such as Pixelworks Semiconductor Technology (Shanghai) Co., Ltd., which reflects the company’s strategic presence in key electronics and semiconductor markets.

Average Trading Volume: 249,645

Technical Sentiment Signal: Sell

Current Market Cap: $38.39M

Learn more about PXLW stock on TipRanks’ Stock Analysis page.

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