Inactive Instrument

Sigma Designs, Inc.

Sigma Designs Announces Plan for Initial Distribution in Connection with Voluntary Plan of Liquidation and Dissolution, Payable on August 14, 2018

July 20, 2018 at 09:00 am EDT

Sigma Designs, Inc. announced that its Board of Directors has approved an initial distribution of $6.00 per share to its shareholders of record as of the close of business on July 31, 2018. The amount is based on a total of approximately 40.0 million shares outstanding. The distribution will be initiated on August 14, 2018. This distribution will be made in accordance with the Company’s previously announced voluntary Plan of Liquidation and Dissolution that was approved by its shareholders at a special meeting of shareholders held on April 17, 2018.

Latest news about Sigma Designs, Inc.

Sigma Designs, Inc. Approves Final Distribution, Payable on August 17, 2020	20-07-24	CI
Sigma Designs, Inc.(OTCPK:SIGM) dropped from S&P Global BMI Index	18-08-29	CI
Sigma Designs, Inc.(OTCPK:SIGM) dropped from S&P TMI Index	18-08-29	CI
Sigma Designs, Inc.(OTCPK:SIGM) dropped from S&P TMI Index	18-08-29	CI
Sigma Designs, Inc.(NasdaqGS:SIGM) dropped from NASDAQ Composite Index	18-08-24	CI
Sigma Designs, Inc.(NasdaqGS:SIGM) dropped from Russell 3000 Index	18-08-02	CI
Sigma Designs, Inc.(NasdaqGS:SIGM) dropped from Russell 2000 Index	18-08-02	CI
Sigma Designs, Inc. Approves an Initial Distribution, Payable on August 14, 2018	18-07-20	CI
Sigma Designs Announces Plan for Initial Distribution in Connection with Voluntary Plan of Liquidation and Dissolution, Payable on August 14, 2018	18-07-20	CI
Sigma Designs, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Fiscal Year Ended February 3, 2018; Reports Impairment Charges for the Fourth Quarter Ended February 3, 2018	18-04-20	CI
Silicon Laboratories Inc. completed the acquisition of Z-Wave Business of Sigma Designs, Inc..	18-04-17	CI
Sigma Designs, Inc. Ships 100 Millionth Z-Wave Chipset Module	18-04-12	CI
V-Silicon International, Inc. and V-Silicon, Inc. completed the acquisition of substantially all assets and liabilities of smart TV and set top box business from Sigma Designs, Inc., Sigma Designs Technology Singapore Pte. Ltd., Sigma Designs Technology Netherlands B.V. and Sigma International Limited for $5.3 million.	18-03-29	CI
V-Silicon International, Inc. and V-Silicon, Inc. entered into an agreement to acquire substantially all assets and liabilities of smart TV and set top box business from Sigma Designs, Inc., Sigma Designs Technology Singapore Pte. Ltd., Sigma Designs Technology Netherlands B.V. and Sigma International Limited for $5 million.	18-03-21	CI
Sigma Designs, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended February 3, 2018; Provides Earnings Guidance for the First Fiscal Quarter of Fiscal 2019	18-03-19	CI
Sigma Designs, Inc. Announces Board Appointments	18-02-27	CI
Sigma Designs Mulls Divestiture	18-02-07	CI
Sigma Designs, Inc. Announces Management Changes	18-01-29	CI
Pete Thompson Resigns from the Board of Directors of Sigma Designs, Inc	18-01-23	CI
Silicon Laboratories Inc. entered into definitive agreement to acquire Z-Wave Business of Sigma Designs, Inc. for $240 million.	18-01-22	CI
Silicon Laboratories Inc. cancelled the acquisition of Sigma Designs, Inc..	18-01-22	CI
Sigma Designs Unlocks the Full Potential of the Smart Home with Next Generation Z-Wave 700-Series Chipset	18-01-08	CI
Sigma Designs In Discussions For Sale Of Media Connectivity Business	17-12-11	CI
Sigma Designs, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 28, 2017; Reports Impairment Charges for the Third Quarter Ended October 28, 2017	17-12-07	CI
Silicon Laboratories Inc. entered into a definitive agreement to acquire Sigma Designs, Inc. for approximately $280 million.	17-12-06	CI

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Company Profile

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. 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 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.

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