MicroVision Announces Withdrawal of Public Offering of Common Stock

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Microvision (MVIS) enters At-the-Market Issuance Sales Agreement with Craig-Hallum for $45M of Common Stock

June 16, 2023 7:18 AM EDT

Microvision (NASDAQ: MVIS) disclosed:

On June 16, 2023, MicroVision, Inc. (the Company) entered into an At-the-Market Issuance Sales Agreement (the Sales Agreement) with Craig-Hallum Capital Group LLC (Craig-Hallum). In connection with entry into the Sales Agreement, the Company and Craig-Hallum mutually agreed to terminate that certain At-The-Market Issuance Sales Agreement dated June 21, 2021 between the Company and Craig-Hallum as sales agent. Pursuant to the Sales Agreement, the Company may sell, at its option, up to an aggregate of $45 million in shares of its common stock through Craig-Hallum, as sales agent. Sales of the common stock made pursuant... More