MVIS - Public offerings

REDMOND, WA / ACCESSWIRE / June 14, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar technology and ADAS solutions, today announced that, due to market volatility, it has withdrawn its proposed public offering of shares of its common stock."In the interest of achieving the best value for our shareholders, we have decided to withdraw our previously announced public offering of common stock," said Sumit Sharma, Chief Executive Officer. "We were pleased with the interest shown in the MicroVision story but given the market volatility and recent stock price performance, we intend to explore other capital raising opportunities with a focus on shareholder

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 underwriters a 30-day option to purchase up to an additional $11.25 million of its common