Recent #odyssey news in the semiconductor industry

5 months ago

➀ Odyssey, a US GaN company, has entered the liquidation distribution process and will distribute assets to shareholders by December 23, 2023, with each share receiving $0.11 (about RMB 0.8);

➁ Odyssey held a special shareholders' meeting on June 3, 2023, approving a comprehensive liquidation, dissolution, and asset distribution plan, resulting in the redemption and cancellation of all issued capital stocks;

➂ Odyssey had a cash balance of approximately $1.837 million (about RMB 13.37 million) as of December 17, 2023, with most funds allocated to pay the distribution of $0.11 per share, totaling $1.606 million (about RMB 11.69 million);

➃ Odyssey had previously announced the sale of most of its assets to Power Integrations for $9.52 million (about RMB 67 million) in cash, with key employees joining PI's technical department.

GaNodyssey
9 months ago
➀ Samsung offers significant discounts on its 49-inch Odyssey OLED G9 and 57-inch Neo G9 gaming monitors; ➁ The Odyssey OLED G9 features a dual QHD screen and 240Hz refresh rate, with a 39% discount available for $1,099.99; ➂ The Neo G9 boasts dual 4K UHD resolution and is 36% off at $1,599.99; ➃ LG's 34-inch Ultragear OLED curved gaming monitor is 40% off at $778.09.
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