Silicon Graphics, a well-known Silicon Valley firm known for its computerized effects, has exited from bankrputcy, one month after giving noteholders a majority stake.

Silicon Graphics’ new common stock is projected to be worth $179.1 million, according to court documents filed by the Mountain View-based company. Its old stock has been cancelled, and it has raised $115 million in fresh financing.

Silicon Graphics filed for bankruptcy protection from creditors in May, two months after announcing it would reduce its global workforce by about 250 employees, or 12 percent, by year’s end to cut $150 million in annual costs.