Pillsbury represented Pixelworks, Inc., a provider of high-performance and power-efficient visual processing semiconductor and software solutions, in entering into a sales agreement with privately held investment banking company Roth Capital Partners as sales agent.

Under the agreement, Pixelworks has the option to offer and sell its common stock, with a total value of up to $10 million, through an “at the market” equity offering program. Additionally, the agreement allows Pixelworks to determine the conditions under which its shares will be sold, including the number of shares, the timing of sales, daily quantity limits and the minimum acceptable sales price, as reported by recent coverage.

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The Pillsbury deal team was led by Corporate partner Christina Pearson, who also serves as Pillsbury’s Global Head of the Corporate and Securities—Technology practice, and associate Chantele Karim.