DelistingJun 12, 2026, 05:11 PM
MicroVision Applies to Transfer to Nasdaq Capital Market Due to Bid Price
AI Summary
MicroVision applied to transfer its common stock listing from The Nasdaq Global Market to The Nasdaq Capital Market, seeking an additional 180-day period to regain compliance with the $1.00 minimum bid price requirement. Concurrently, the company filed a new Form S-3 registration statement and amended its At-The-Market (ATM) Issuance Sales Agreement, maintaining access to approximately $42 million in remaining capital. MicroVision also announced a business update and interactive Q&A session for shareholders on June 25, 2026, to discuss commercial progress, strategic initiatives, and product development.
Key Highlights
- Applied to transfer Nasdaq listing from Global Market to Capital Market.
- Seeks additional 180 days to regain $1.00 minimum bid price compliance.
- Filed new Form S-3 registration statement to replace expiring shelf.
- Maintains access to At-The-Market facility with approximately $42,000,000 remaining.
- Will host a business update and Q&A session for shareholders on June 25, 2026.
- Shareholders to vote on a reverse stock split proposal at the 2026 Annual Meeting.
Price Impact
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