MicroVision Announces Pricing of $17.0 Million Public Offering
MicroVision Announces Pricing of $17.0 Million Public Offering :: MicroVision, Inc. (MVIS)
REDMOND, WA / ACCESS Newswire / August 14, 2026 / MicroVision, Inc. (NASDAQ:MVIS) ("MicroVision" or "Company"), a leader in advanced perception solutions for industrial, security and defense, and automotive applications, today announced the pricing of its public offering of an aggregate of 6,800,000 units, at a public offering price of $2.50 per unit, consisting of (i) one share of common stock and (ii) one warrant to purchase one share of common stock, immediately exercisable at a price of $2.50 per share and expiring five years from the date of issuance.
The gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $17.0 million. MicroVision expects to use the net proceeds from the offering for general corporate purposes, including working capital and capital expenditures.
WestPark Capital, Inc. is acting as exclusive placement agent for the offering. The offering is expected to close on or around August 17, 2026.
The securities described above are being offered pursuant to a registration statement on Form S-3 (File No. 333-297430), which was declared effective by the Securities and Exchange Commission (the "SEC") on July 15, 2026. The offering is being made only by means of a prospectus which is a part of the effective registration statement. A preliminary prospectus related to the offering has been filed with the SEC. Copies of the final prospectus, when available, will be filed with the SEC and may be obtained from WestPark Capital, Inc., 1800 Century Park East, Suite 220, Los Angeles, California 90067. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the website of the SEC at http://www.sec.gov.
