$PXLW,...Pixelworks files to sell up to $50M in shares
Pixelworks (NASDAQ:PXLW) has filed to sell up to $50M in common stock through future offerings. The company only says any proceeds will be used for "general corporate purposes." (prospectus)
The video-processing SoC developer had $20.9M in cash as of June 30, and $4.8M in debt.
Shares -0.7% AH.
invest at your own risk, based on your own due diligence, at your own risk tolerance