MicroVision Announces Withdrawal of Public Offering of 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
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the offering, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About MicroVision
With over 350 employees and global presence in
MicroVision, MAVIN, MOSAIK, and MOVIA are trademarks of
Forward-Looking Statements
Certain statements contained in this release, including those relating to capital raising alternatives, and those statements using words such as "intends" are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in our forward-looking statements include the following: our ability to successfully raise capital on terms and conditions satisfactory to us; the possible adverse impact on the market price of our shares of common stock due to the dilutive effect of securities that may be sold in the offering; capital market risks; our ability to operate with limited cash or to raise additional capital when needed; market acceptance of our technologies and products or for products incorporating our technologies; the failure of our commercial partners to perform as expected under our agreements; our ability to identify parties interested in paying any amounts or amounts we deem desirable for the purchase or license of intellectual property assets; our or our customers' failure to perform under open purchase orders; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to 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 our products; potential product liability claims; our ability to maintain our listing on
Investor Relations Contact:
Darrow Associates Investor Relations
MVIS@darrowir.com
Media Contact:
Marketing@MicroVision.com
SOURCE:
View source version on accesswire.com:
https://www.accesswire.com/761395/MicroVision-Announces-Withdrawal-of-Public-Offering-of-Common-Stock
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