Brief: Pixelworks Announces Investment By Strategic Investors In China

Pixelworks

22/10/2020 14:20

Oct 22 (Reuters) - Pixelworks Inc  PXLW.O :
    * PIXELWORKS ANNOUNCES INVESTMENT BY STRATEGIC INVESTORS IN
CHINA
    * PIXELWORKS INC - ON OCT 19 ENTERED INTO SECURITIES
PURCHASE
AGREEMENT WITH MTM-XINHE INVESTMENT LIMITED
    * PIXELWORKS - PURSUANT TO AGREEMENT, CO TO ISSUE, SELL 3.2
MILLION SHARES OF COMMON STOCK IN EXCHANGE OF ABOUT $6.6 MILLION

Source text for Eikon:  ID:nPnbPMYvxa 
Further company coverage:  PXLW.O 

 ((Reuters.Briefs@thomsonreuters.com;))