Item 7.01 | Regulation FD Disclosure. |
On November 11-12, 2020, representatives of Pixelworks, Inc. (“Company”) will be attending meetings with investors, analysts and other parties at the Roth Virtual Technology Conference. During these meetings, the Company will present updates on the Company’s business, which materials are available on Pixelworks’ website under the Investors tab.
This Current Report on Form 8-K is being furnished solely to satisfy the requirements of Regulation FD. The Company does not intend to update this information or release similar information in the future.
The information under Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information under Item 7.01 in this Current Report on Form 8-K will not be incorporated by reference into any registration statement or other document filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference. The furnishing of the information under Item 7.01 in this Current Report on Form 8-K is not intended to, and does not, constitute a determination or admission by the Company that the information under Item 7.01 in this Current Report on Form 8-K is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.
This Item 7.01 includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the Company’s expectations for mobile design wins and unit volumes shipped in the remainder of 2020 and for the full year 2021, and for the return of Company’s projector business in the year 2021. These statements are based on management’s current expectations. Forward-looking statements involve certain risks and uncertainties, and actual results and the timing of events may differ materially from those discussed or implied in any such statement. These risks include, but are not limited to the Company’s ability to execute on its strategy; competitive factors; the success of Company’s products in expanded markets; current global health and economic challenges, including the impact of COVID-19; changes in Company’s target markets, including as to demand; and other risks related to the Company’s business and operations as are discussed under the heading “Risk Factors” and in other sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 and the Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2020, and in the Company’s other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this Item 7.01 have been made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.