Business Context and Reporting Period
This Form 8-K Current Report is filed by MicroVision, Inc. for the reporting date of June 12, 2026. The filing addresses material definitive agreements, listing status changes, and regulatory disclosures.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, or margin data. However, it discloses the following capital market metrics:
- At-The-Market (ATM) Offering Capacity: Approximately $42,000,000 of Common Stock remains unsold under the Sales Agreement as of June 12, 2026.
- Stock Price Status: The Company failed to maintain the $1.00 minimum bid price required for continued listing on The Nasdaq Global Market.
Material Changes and Events
- Amendment to Sales Agreement: The Company entered into Amendment No. 1 to its At-The-Market Issuance Sales Agreement with Deutsche Bank Securities Inc., Mizuho Securities USA LLC, and Craig-Hallum Capital Group LLC. This amendment references a new Registration Statement on Form S-3 filed on the same date.
- Listing Transfer Application: The Company submitted an application to transfer its Common Stock listing from The Nasdaq Global Market to The Nasdaq Capital Market due to non-compliance with the minimum bid price requirement.
Outlook, Risks, and Management Commentary
- Compliance Timeline: If the transfer to The Nasdaq Capital Market is approved, the Company may receive an additional 180-calendar-day grace period to regain compliance with the $1.00 minimum bid price requirement.
- Compliance Criteria: During the grace period, the stock must close at $1.00 or more for at least 10 consecutive business days.
- Risks: There is no assurance that the transfer application will be approved, that a compliance period will be granted, or that the Company will regain compliance. Failure to do so could result in delisting.
- Shareholder Communication: The Company announced a business update and interactive Q&A session to address shareholder questions regarding the 2026 Annual Meeting of Shareholders.
Investor Verification Checklist
- Verify the approval status of the transfer application from The Nasdaq Global Market to The Nasdaq Capital Market.
- Monitor the daily closing price of MVIS stock to track progress toward the $1.00 minimum bid price requirement.
- Review the attached Press Release (Exhibit 99.1) for details on the upcoming business update and Q&A session.
- Confirm the effective date of the new Registration Statement on Form S-3 referenced in the Sales Agreement amendment.