u/ILLUMINADORITODEW

Hi everyone,

this post is mainly addressed to the German crowd on this subreddit (which, from what I know, isn't actually that small).

A lot of us seem to be having issues with the share count and/or stock price shown by our German brokers.

What I know so far:

I am a customer of BNP Paribas (Consors). Before the split, MVIS was listed as MicroVision Inc. (Wash.) Registered Shares New DL -,001 | WKN A1JUDY.

After the split, it is listed as MicroVision Inc. Del. Registered Shares DL -,001 | WKN A42G5C.

However, our German marketplaces (XETRA, L&S, Tradegate, etc.) are still not showing the correct price on a daily basis, and they don't seem to be trading the stock under the new WKN at all.

The only marketplace I have found so far that is showing the correct price and actually allows trading is Société Générale.

From other US stocks, I know that German marketplaces sometimes need a bit of time to correctly process stock splits. However, if you need to make a trade right now, Société Générale appears to be an option (although the fees are quite high from my previous experiences).

Since I assume most people aren't exactly looking to sell at these prices right now, this is mainly meant as information and also as a discussion:

What do you guys know about this situation?

Please share any information or experiences you have.

I have personally contacted both Tradegate and Consors and asked them about the situation with MVIS, but so far I haven't received a response from either of them.

Hopefully we can figure out what's going on here.

Original in German - translated with DeepL

Berlin. According to a newspaper report, Volkswagen is on the verge of withdrawing from its autonomous driving development partnership with supplier Bosch. The automaker wants to end the “Automated Driving Alliance” (ADA), the online edition of “Bild” reported on Sunday, citing insiders.

According to the report, the reasons are a lack of progress and the need to cut costs. Although around 1.5 billion euros have been invested in the project, the technology is considered internally to be uncompetitive. VW sees a significant gap between itself and the competition, particularly with regard to so-called Level 2++, which involves driving without hands on the steering wheel in city traffic.

A spokesperson for VW’s software subsidiary Cariad told the newspaper that the company regularly reviews its development partnerships and continuously assesses whether they still align with its strategic goals. In the case of highly advanced driver-assistance systems in particular, the market and technology have developed differently than expected at the start of the collaboration. The company does not comment on confidential discussions. Bosch did not immediately provide a statement.

To cut costs and make up ground more quickly, the group now plans to purchase hardware and software from a new partner instead of developing it in-house, the report added. A cooperation agreement is expected to be in place by the end of September. The alliance with Bosch is to be officially terminated on June 29 at the earliest.