Microvision (MVIS) Regains Nasdaq Compliance

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MicroVision Regains Nasdaq Compliance

June 22, 2020 8:30 AM EDT

REDMOND, Wash., June 22, 2020 (GLOBE NEWSWIRE) -- MicroVision, Inc. (Nasdaq: MVIS) announced that it has received a letter from Nasdaq confirming that it has regained compliance with Nasdaqs listing requirements. 

We are pleased to maintain our listing on the Nasdaq Global Market, said Sumit Sharma, Chief Executive Officer. The Companys Board of Directors will continue to monitor the situation to determine if there is a need to effect a reverse stock split during the 90-day period authorized by shareholders on May 19, 2020.

As previously announced, MicroVision was notified on June 13, 2019,... More