Your email has been successfully added to our mailing list.

×
0 -0.00885017421602783 0.00871080139372819 -0.00696864111498258 0.00696864111498258 -0.010383275261324 -0.012334494773519 -0.00529616724738664
Stock impact report

MicroVision Bolsters Financial Position with Debt Reduction and up to $17 Million in New Capital [Yahoo! Finance]

MicroVision, Inc. (MVIS) 
Last microvision, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
MicroVision, Inc. Mon, February 3, 2025 at 2:55 PM GMT+1 6 min read In This Article MVIS REDMOND, WA / ACCESS Newswire / February 3, 2025 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has bolstered its financial position by entering into an agreement to raise up to $17 million in new capital and reducing future cash obligations stemming from its $75 million senior secured convertible note facility with High Trail Capital. "Strengthening our financial position through this infusion of new capital and reduction of debt buoys our efforts to advance and secure revenue opportunities with several industrial customers in the heavy equipment segment. As announced last month, we have increased production capacity with our manufacturing partner to support high-volume orders from industrial customers in 2025 and beyond," said Sumit Sharma, Chief Executive Officer. "At this exciting time for MicroVis Show less Read more
Impact Snapshot
Event Time:
MVIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
MVIS alerts

from News Quantified
Opt-in for
MVIS alerts

from News Quantified