Item 8.01 Other Events.

On December 15, 2022, the Board of Directors of Techpoint, Inc. (the "Company") approved a cash dividend of an aggregate of $0.50 per share of common stock (including common stock underlying its Japanese Depositary Shares ("JDS")) for fiscal 2023, payable in two equal installments of $0.25 per share. The first installment of the dividend is payable to stockholders of record as of the close of business on January 31, 2023 and will be paid on or around February 15, 2023. The timing for receipt of the dividend payments by individual holders of the Company's common stock and JDSs will vary due to the payment process for JDS holders. The amount paid to JDS holders will be reduced by any applicable U.S. withholding income tax, and then converted into Japanese Yen. Once the dividend is converted into Japanese Yen, a distribution payment fee and any additional local taxes will be paid from the distribution amount. As a result, the net amount of the first dividend installment that is ultimately received by JDS holders will be less than $0.25 per JDS.

The payment will be made in accordance with and subject to the terms of the Trust Agreement dated August 31, 2017, between the Company; Mizuho Securities Co., Ltd.; Mitsubishi UFJ Trust and Banking Corporation; and The Master Trust Bank of Japan, Ltd., which agreement governs the rights of JDS holders.

The second installment of the dividend is currently anticipated to be paid in the third fiscal quarter of 2023. Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of Company's Board of Directors.

A copy of the press release announcing the cash dividend is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit


Number                                  Description

99.1 Press Release issued on December 16, 2022

Cover Page Interactive Data File (formatted as Inline XBRL and contained


  104     in Exhibit 101).



Although we believe that the expectations reflected in the Press Release are reasonable, we cannot guarantee future results, level of activity, performance or achievements. The Press Release only as of the date on which it is made. We disclaim any duty to update any of the Press Release after the date of the Press Release, except as required by law.

















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