UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 26, 2008 (June 25, 2008)
PIXELWORKS, INC.
(Exact name of registrant as specified in its charter)
| OREGON | 000-30269 | 91-1761992 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
8100 SW Nyberg Road
Tualatin, Oregon 97062
(503) 454-1750
(Address, including zip code, and telephone number, including
area code, of registrant’s principal executive offices)
Tualatin, Oregon 97062
(503) 454-1750
(Address, including zip code, and telephone number, including
area code, of registrant’s principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
PIXELWORKS INC. AND SUBSIDIARIES
| Item 8.01 | Other Events |
On
June 25, 2008, Pixelworks, Inc. (the “Company”) received notification from the Nasdaq
Stock Market that the Company has regained compliance with the requirements for continued listing
on the Nasdaq Global Market, and that this matter is now closed.
Previously, as disclosed in a Current Report on Form 8-K dated December 28, 2007, NASDAQ had
previously informed the Company that Pixelworks had until June 23, 2008 to regain compliance with
Nasdaq Marketplace Rule 4450(a)(5) by maintaining a closing bid price of $1.00 per share or higher
for at least 10 consecutive business days.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
| Exhibit Number | Description | |||
| 99.1 | Press Release dated June 25, 2008 |
|||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| PIXELWORKS, INC. (Registrant) |
||||
| By: | /s/ Steven L. Moore | |||
| Date: June 26, 2008 | Steven L. Moore | |||
| Vice President, Chief Financial Officer, Secretary and Treasurer | ||||
Exhibit 99.1
News Release
For Immediate Release
| Contact Information: | Steven Moore Pixelworks, Inc. 408-200-9221 smoore@pixelworks.com |
Pixelworks Regains Listing Compliance from Nasdaq
Tualatin, Ore., June 25, 2007 — Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of
powerful video and pixel processing technology, announced today that it has received notification
from the Nasdaq Stock Market that the Company has regained compliance with the requirements for
continued listing on the Nasdaq Global Market, and that this matter is now closed.
In a letter dated December 24, 2007, NASDAQ had previously informed the Company that
Pixelworks had until June 23, 2008 to regain compliance with Nasdaq Marketplace Rule 4450(a)(5) by
maintaining a closing bid price of $1.00 per share or higher for at least 10 consecutive business
days.
About Pixelworks, Inc.
Pixelworks, headquartered in Tualatin, Oregon, is an innovative designer, developer and marketer of
video and pixel processing technology semiconductors and software for high-end digital video
applications. At design centers in Shanghai and San Jose, Pixelworks engineers push pixel
performance to new levels for leading manufacturers of consumer electronics and professional
displays worldwide.
For more information, please visit the Company’s Web site at www.pixelworks.com.
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