Aug. 19 at 1:26 AM
$PXLW added some today
$8.20-
$8.30… from their Q2 ER: “we engaged with Morgan Stanley and initiated a formal review process after receiving inbound strategic interest in our Pixelworks Shanghai subsidiary. In May of 2025 we received non-binding term sheets from three different potential buyers, and have since been engaged in due diligence with each. Although the outcome is yet to be determined, we believe the process itself is nearing closure and likely to result in a clear strategic direction for our Pixelworks Shanghai subsidiary before the end of the third quarter.
In August 2022, Pixelworks sold a 2.73% minority equity stake in PWSH to private equity investors based in China. The transaction price was approximately
$12.9MM USD, which implies a valuation of around ~
$471.5MM USD.
This was in 2022 of course...but still food for thought.
Current MC is ~
$50 million Even if they have a buyer for a fifth of the implied valuation in 2022 that would still be a ~
$100 million valuation.
