Microvision (MVIS) Announces $35M ATM Equity Offering

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/8/2026

1. LEVI
2. NVDA
3. USO
4. STZ
5. GOOGL
6. SPY
7. APLD
8. MSFT
9. SPCX
10. AGNT

Go back to Microvision (MVIS) Announces $35M ATM Equity Offering

MicroVision Announces $35 Million At-The-Market Equity Facility

August 29, 2023 4:24 PM EDT

REDMOND, WA / ACCESSWIRE / August 29, 2023 / MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announced it has entered into a $35 million At-the-Market (ATM) equity offering agreement with Craig-Hallum Capital Group LLC (Craig-Hallum).

Under the sales 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 $35 million through Craig-Hallum.

MicroVision intends to use the net proceeds from the ATM, if any, to support investments that may be required to scale production capabilities with... More