Form 8-K
8-K — MICROVISION, INC.
Accession: 0001493152-26-028501
Filed: 2026-06-12
Period: 2026-06-12
CIK: 0000065770
SIC: 3679 (ELECTRONIC COMPONENTS, NEC)
Item: Entry into a Material Definitive Agreement
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 of 15(d)
of
the Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): June 12, 2026
MicroVision,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware
001-34170
91-1600822
(State
or other jurisdiction of
incorporation
or organization)
(Commission
File
Number)
(I.R.S.
Employer
Identification
No.)
18390
NE 68th Street, Redmond,
Washington 98052
(Address
of principal executive offices) (Zip Code)
(425)
936-6847
(Registrant’s
telephone number, include area code)
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☒
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock $0.001 Par Value
MVIS
The
NASDAQ Stock Market
Indicate
by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933
(§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.01.
Entry
into a Material Definitive Agreement.
On
June 12, 2026, MicroVision, Inc. (the “Company”) and the Agents (as defined herein) entered into Amendment No. 1 (“Amendment
No. 1”) to that certain At-The-Market Issuance Sales Agreement, dated March 5, 2024 (the “Sales Agreement”), by and
among the Company and Deutsche Bank Securities Inc., Mizuho Securities USA LLC and Craig-Hallum Capital Group LLC (collectively, the
“Agents”), pursuant to which the Company may offer and sell, from time to time, shares of its common stock, par value $0.001
per share (“Common Stock”), through or directly to the Agents. As of June 12, 2026, approximately $42,000,000 of Common Stock
remains unsold under the Sales Agreement.
Amendment
No. 1 updates the Sales Agreement to reference the Registration Statement on Form S-3 filed on the date hereof (the “New Registration
Statement”), including the sales agreement prospectus filed therein, and to make certain other changes. Amendment No. 1 becomes
effective as of the effective date of the New Registration Statement. Amendment No. 1 is filed as Exhibit 10.1 to this Current Report
on Form 8-K. The foregoing description of Amendment No. 1 does not purport to be complete and is qualified in its entirety by reference.
Item
3.01.
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
June 12, 2026, the Company submitted an application to transfer the listing of the Company’s Common Stock from The Nasdaq Global
Market to The Nasdaq Capital Market. The Company’s transfer application is subject to review and approval by the staff of the Nasdaq
Stock Market (“Nasdaq”).
As
previously disclosed in the Company’s Current Report on Form 8-K filed on January 16, 2026, the Company received a notification
letter from Nasdaq notifying the Company of its failure to maintain the $1.00 minimum bid price required for continued listing on The
Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). If Nasdaq approves the Company’s
transfer to The Nasdaq Capital Market, the Company may receive an additional 180-calendar-day period to regain compliance with the Minimum
Bid Price Requirement.
During
the additional 180-calendar-day grace period, the Company’s Common Stock must close at $1.00 or more for at least 10 consecutive
business days to regain compliance with the Minimum Bid Price Requirement, unless Nasdaq exercises its discretion to extend this 10-day
period pursuant to Nasdaq Listing Rule 5810(c)(3)(H).
There
can be no assurance that the Company’s transfer application will be approved, that the Company will be granted an additional compliance
period, or that the Company will be able to regain compliance with the Minimum Bid Price Requirement during any such additional compliance
period. If the transfer application is approved, the transfer is not expected to impact trading in the Company’s Common Stock,
which will continue to trade on Nasdaq under the symbol “MVIS.”
Item
7.01.
Regulation
FD.
On
June 12, 2026, the Company issued a press release announcing, among other things, the date of a business update and interactive Q&A
session to address shareholder questions about the Company’s 2026 Annual Meeting of Shareholders.
A
copy of the press release is furnished as Exhibit 99.1 and incorporated herein by reference.
Item
9.01.
Financial
Statements and Exhibits.
(d)
Exhibits
Exhibit
No.
Description
10.1
Amendment
No. 1 to At-The-Market Issuance Sales Agreement, dated June 12, 2026, by and among MicroVision, Inc., Deutsche Bank Securities Inc.,
Mizuho Securities USA LLC and Craig-Hallum Capital Group LLC (incorporated by reference to Exhibit 10.1 to the Company’s Form
3 Registration Statement, Registration No. 333-296749 filed with the SEC on June 12, 2026)
99.1
Press Release of MicroVision, Inc. dated June 12, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
MICROVISION,
INC.
By:
/s/
Drew G. Markham
Drew
G. Markham
Senior
Vice President, General Counsel and Secretary
Dated:
June 12, 2026
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
MICROVISION
ANNOUNCES NASDAQ CAPITAL MARKET APPLICATION, REPLACES REGISTRATION STATEMENT, AND SCHEDULES SHAREHOLDER BUSINESS UPDATE
Company
Continues Executing Lidar 2.0 Strategy Following Transformational
Acquisitions
and Growing Commercial Momentum
Redmond,
WA - June 12, 2026 - MicroVision, Inc., (Nasdaq: MVIS), a leader in advanced perception solutions for automotive, industrial,
and security and defense applications, today announced that it has applied to transfer the listing of its common stock from The Nasdaq
Global Market to The Nasdaq Capital Market, filed a registration statement on Form S-3 to replace an expiring shelf registration statement,
and announced it will host a business update and interactive shareholder Q&A session on June 25, 2026.
The
Company’s application to transfer its listing to The Nasdaq Capital Market is intended to support its request for an additional
180-day compliance period to regain compliance with Nasdaq’s minimum bid price requirement.
“As
our Chairman outlined in his recent letter to shareholders, we believe transferring to The Nasdaq Capital Market positions MicroVision
to receive additional time to regain compliance while maintaining our focus on executing the business,” said Glen DeVos, Chief
Executive Officer of MicroVision. “This is a proactive step designed to preserve flexibility, reduce unnecessary listing risk,
and allow our team to remain focused on delivering against our strategic objectives.”
The
Company also announced the filing of a registration statement on Form S-3 to replace its expiring shelf registration statement. The filing
does no more than maintain the Company’s ability to access its existing At-the-Market (ATM) facility, which had approximately $42
million of remaining availability as of March 31, 2026.
“Maintaining
access to efficient capital markets is an important part of our financial strategy as we continue executing our growth plans,”
added DeVos. “Since the beginning of 2026, we have completed two transformational acquisitions, expanded our technology portfolio,
strengthened our engineering capabilities, and advanced multiple customer engagements across industrial, security and defense, and automotive
markets. Preserving financial flexibility ensures we can continue building on that momentum.”
MicroVision
has entered 2026 with a significantly expanded portfolio of perception technologies and a growing pipeline of commercial opportunities.
Recent milestones include new customer engagements across industrial autonomy and intelligent infrastructure markets, and continued advancement
of its Lidar 2.0 strategy focused on performance, scalability, and commercialization.
On
June 25, 2026, the Company will host a business update and interactive Q&A session for shareholders. During the session, management
will provide updates on commercial progress, strategic initiatives, product development activities, and upcoming priorities, as well
as address shareholder questions related to the Company’s upcoming Annual Meeting.
1
“I
look forward to sharing more about the progress we’re making across the business,” said DeVos. “Our team has been executing
with urgency and discipline, and we believe the foundation we have built positions MicroVision to capitalize on the next phase of growth
in the lidar and perception market. We remain focused on converting opportunities into customer programs, expanding adoption of our technology,
and creating long-term value for shareholders.”
Additional
details regarding the June 25 business update and Q&A session will be announced next week.
About
MicroVision
MicroVision
is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets. As
the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware
and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering
centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range
lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and
open software solutions.
For
more information, visit the Company’s website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc,
and LinkedIn at https://www.linkedin.com/company/microvision/.
Solicitation
Material
This
communication may be deemed to be solicitation material in connection with the proposal to be submitted to MicroVision’s shareholders
at its 2026 Annual Meeting of Shareholders seeking approval of an amendment to the certificate of incorporation to provide the Board
of Directors with the right to effect a reverse stock split. In connection with the proposal, MicroVision has filed a definitive proxy
statement on Schedule 14A with the SEC. Shareholders are encouraged to read the definitive proxy statement and all other relevant documents
filed with the SEC when they become available because they contain important information about the proposal. Shareholders may obtain
a free copy of the proxy statement and other documents that the Company files with the SEC at the SEC’s website (www.sec.gov) or
from the Company by accessing information included on the Investor Relations website (ir.microvision.com).
2
Forward-Looking
Statements
Certain
statements contained in this release, including proposals and annual meeting outcomes; Nasdaq compliance and continued listing; market
position, expectations, and likelihood of success; opportunities for customer engagement and revenue; market position; product portfolio;
and access to capital and capital-raising opportunities are forward-looking statements that involve a number of risks and uncertainties
that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results
to differ materially from those projected in such forward-looking statements include the risk its ability to operate with limited cash
or to raise additional capital when needed; market acceptance of its technologies and products or for products incorporating its technologies;
the failure of its commercial partners to perform as expected under its agreements; its financial and technical resources relative to
those of its competitors; its ability to keep up with rapid technological change; government regulation of its technologies; its ability
to enforce its intellectual property rights and protect its proprietary technologies; the ability to obtain customers and develop partnership
opportunities; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones
in key products; dependence on third parties to develop, manufacture, sell and market its products; potential product liability claims;
its ability to maintain its listing on The Nasdaq Stock Market, and other risk factors identified from time to time in the Company’s
SEC reports, including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed with the
SEC. These factors are not intended to represent a complete list of the general or specific factors that may affect the Company. It should
be recognized that other factors, including general economic factors and business strategies, may be significant, now or in the future,
and the factors set forth in this release may affect the Company to a greater extent than indicated. Except as expressly required by
federal securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as
a result of new information, future events, changes in circumstances or any other reason.
MicroVision
Investor Relations Contact
Jeff
Christensen
Darrow
Associates Investor Relations
MVIS@darrowir.com
MicroVision
Media Contact
Heidi
Davidson
heidi@galvanizeworldwide.com
(914)
441-6862
3
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