Pixelworks (PXLW) Announces Results of Public Offering of Common Stock
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Pixelworks, Inc. (NASDAQ: PXLW) today announced that the underwriter in its recently completed public offering of common stock has exercised in full its over-allotment option and purchased 547,500 shares of common stock.
A total of 4,197,500 shares of common stock were sold in the offering at a price to the public of $2.24 per share. Gross proceeds to the Company from the offering were approximately $9,402,400.
The sale of the over-allotment shares closed on May 27, 2011.
A total of 4,197,500 shares of common stock were sold in the offering at a price to the public of $2.24 per share. Gross proceeds to the Company from the offering were approximately $9,402,400.
The sale of the over-allotment shares closed on May 27, 2011.
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