Sigma Designs, Inc. (NASDAQ:SIGM) Files An 8-K Other EventsItem 8.01. Other Events.
On July 20, 2018, Sigma Designs, Inc. (“Sigma”) issued a press release announcing that its Board of Directors has authorized and declared a special cash distribution in the amount of $6.00 per share on Sigma’s common stock. The special cash distribution is payable in cash on August 14, 2018 to stockholders of record at the close of business on July 31, 2018.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
SIGMA DESIGNS INC ExhibitEX-99.1 2 ex_118104.htm EXHIBIT 99.1 ex_118104.htm Exhibit 99.1 Sigma Designs Announces Plan for Initial Distribution of $6.00 per Share to Shareholders in Connection with Its Voluntary Plan of Liquidation and Dissolution Fremont,…To view the full exhibit click
About Sigma Designs, Inc. (NASDAQ:SIGM)
Sigma Designs, Inc. is a provider of global integrated semiconductor solutions. The Company offers media platforms for use in the home entertainment and home control markets. The Company sells its products into markets, including smart television, media connectivity, set-top box and Internet of Things (IoT) devices. The Company’s media processor product line consists of a range of functionally similar platforms that are based on integrated chips, embedded software and hardware reference designs. The Company’s media connectivity product line consists of wired home networking controller chipsets that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. The Company’s IoT devices product line consists of its wireless Z-Wave chips and modules. The Company is engaged in the license of its internally developed intellectual property. It also offers legacy products that are sold into prosumer and other industrial applications.