MicroVision sets 1-for-15 reverse stock split effective August 1

MicroVision, Inc. (NASDAQ: MVIS) announced that its board of directors has approved a 1-for-15 reverse stock split of the company's common stock, following shareholder authorization at the company's annual meeting on July 10, 2026.

The reverse stock split will take effect on August 1, 2026, with shares beginning to trade on a split-adjusted basis on the Nasdaq Capital Market on August 3, 2026, under the existing ticker symbol "MVIS."

The company stated the action is intended to increase the per-share trading price of its common stock to meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market.

Every 15 shares of MicroVision common stock currently issued and outstanding will be automatically combined into one share. The number of authorized shares will be reduced from 510 million to 150 million. Fractional shares will not be issued; shareholders entitled to fractional shares will instead receive rounding up to the nearest whole share.

The split will affect all shareholders uniformly and will not alter any shareholder's proportional ownership interest, except for adjustments related to fractional shares. Outstanding equity awards, warrants, and other equity-based securities will be proportionately adjusted, along with applicable exercise or conversion prices.

"The reverse stock split is a strategic step that supports our continued Nasdaq listing while allowing us to remain focused on executing our commercial strategy and creating long-term shareholder value," said Glen DeVos, Chief Executive Officer of MicroVision.

Equiniti is serving as the exchange agent for the transaction. Shareholders holding shares in electronic or book-entry form are not required to take any action. Shareholders holding certificated shares will receive instructions from Equiniti regarding the exchange of their certificates.

Additional details are available in MicroVision's definitive proxy statement filed with the Securities and Exchange Commission on June 11, 2026.

You May Also Be Interested In

• Alphabet Sees FY26 Capex $195B To $205B, Saw $180B To $190B
• Cigna Corp. (CI) Declares $1.56 Quarterly Dividend; 2.2% Yield
• Wynn Resorts gets approval to expand Wynn Palace in Macau