Microvision (MVIS) just unveiled an announcement.
MicroVision, Inc. has entered into a new sales agreement with Deutsche Bank Securities, Mizuho Securities USA, and Craig-Hallum to potentially sell up to $150 million in common stock. This move could bolster the company’s production capabilities, accelerate tech development, and support market strategies for its MAVIN and MOVIA products. Previously, MicroVision terminated a similar agreement with Craig-Hallum, through which it sold $16 million in stock. The company assures that these agreements are part of its strategic financial maneuvers and are not intended for public informational purposes beyond regulatory filings.
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