Microvision (MVIS) Confirms $140 Million At-the-Market Equity Facility
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Microvision (MVIS) Shares Down 11% Following $140M Offering
June 21, 2021 4:43 PM EDTMicrovision (NASDAQ: MVIS) shares are losing 11% after hours, following announcement of $140M at-the-market share offering.
Microvision (MVIS) enters $140M At-the-Market Issuance Sales Agreement
June 21, 2021 4:19 PM EDTMicrovision (NASDAQ: MVIS) disclosed:
On June 21, 2021, MicroVision, Inc. (the Company) entered into an At-the-Market Issuance Sales Agreement (the Sales Agreement) with Craig-Hallum Capital Group LLC (Craig-Hallum) pursuant to which the Company may sell, at its option, up to an aggregate of $140 million in shares of its common stock through Craig-Hallum, as sales agent. Sales of the common stock made pursuant to the Sales Agreement, if any, will be made under the Companys effective Registration Statement on Form S-3 filed on February 16, 2021 (the Registration Statement). Prior to any sales under the Sales Agreement, the Company will... More
