Microvision (MVIS) Announces Proposed $75M Share Offering

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Go back to Microvision (MVIS) Announces Proposed $75M Share Offering

MicroVision Announces Proposed Public Offering of Common Stock

June 13, 2023 4:56 PM EDT

REDMOND, WA / ACCESSWIRE / June 13, 2023 / MicroVision, Inc. (Nasdaq: MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten $75.0 million public offering.

UBS Investment Bank is acting as the lead book-running manager for the proposed offering. Cantor Fitzgerald & Co. is acting as the book-running manager for the proposed offering. Craig-Hallum is acting as the co-manager for the proposed offering.

MicroVision also expects to grant the... More