Microvision (MVIS) Announces $50 Million At-the-Market Equity Facility
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MicroVision Announces $50 Million At-the-Market Equity Facility
February 16, 2021 4:32 PM ESTREDMOND, Wash., Feb. 16, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced it entered into a $50 million At-the-Market (ATM) equity offering agreement with Craig-Hallum Capital Group LLC (Craig-Hallum).
Under the agreement MicroVision may, from time to time, at its discretion offer and sell shares of its common stock having an aggregate value of up to $50 million through Craig-Hallum. MicroVision intends to use the net proceeds from the ATM, if any, for general corporate purposes,... More
