STOCK TITAN

MicroVision (NASDAQ: MVIS) seeks shareholder OK for reverse stock split plan

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

MicroVision, Inc. plans to seek shareholder approval to amend its certificate of incorporation to give its Board authority to implement a reverse stock split of its common stock at a ratio between 1-for-5 and 1-for-15, with the exact ratio set later by the Board.

The company has filed a preliminary proxy statement for its 2026 virtual Annual Meeting of Shareholders, scheduled for July 10, 2026 at 9:00 a.m. PT, where this proposal will be voted on. The Board set May 28, 2026 as the record date for shareholders entitled to vote.

Management states the reverse split is intended to support long-term shareholder value by helping preserve MicroVision’s Nasdaq listing, supporting capital flexibility, and targeting a stock price that may appeal to more stable, value-focused capital providers.

Positive

  • None.

Negative

  • None.

Insights

MicroVision is asking shareholders to authorize a sizable reverse split range to support Nasdaq listing and capital access.

MicroVision’s Board is seeking authority to execute a reverse stock split between 1-for-5 and 1-for-15. This does not by itself change the company’s value but consolidates shares, potentially lifting the per-share price and addressing minimum price listing standards.

The company explicitly links this step to preserving its Nasdaq listing and improving capital flexibility and access to “stable, value-enhancing capital.” Any actual impact will depend on the final ratio the Board selects and subsequent market reception, which will be clearer after the July 10, 2026 Annual Meeting vote.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Reverse split range 1-for-5 to 1-for-15 Proposed reverse stock split ratio range for common stock
Annual Meeting date and time July 10, 2026, 9:00 a.m. PT 2026 virtual Annual Meeting of Shareholders
Record date May 28, 2026 Shareholders entitled to vote at 2026 Annual Meeting
Proxy solicitor fee estimate $10,000 plus expenses Cost to retain Saratoga Proxy Consulting LLC
reverse stock split financial
"effect a reverse stock split of the Company’s common stock, par value $0.01 per share"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
preliminary proxy statement regulatory
"announced its filing of a preliminary proxy statement in connection with the Company’s 2026 Annual Meeting"
A preliminary proxy statement is an advance draft of the information a company will send shareholders before a vote, outlining items like board elections, mergers, executive pay, and shareholder proposals. It matters to investors because it lays out what will be decided, management’s recommendations, and key facts that can affect a company’s direction and stock value — like receiving the agenda and background packet before a town-hall vote.
Schedule 14A regulatory
"plans to file a preliminary proxy statement on Schedule 14A with the SEC"
Schedule 14A is a document that companies file with regulators to share important information with shareholders before a big vote, like approving a merger or election of directors. It matters because it helps investors understand what’s happening so they can make informed decisions about the company’s future.
Nasdaq listing financial
"by preserving our listing on Nasdaq, supporting capital flexibility"
A NASDAQ listing means a company's shares are approved to trade on the NASDAQ stock exchange, a large electronic marketplace where buyers and sellers meet. For investors it signals greater visibility, easier buying and selling (like being placed on a busy store shelf), and adherence to ongoing reporting and governance rules that can reduce information uncertainty and affect a stock’s liquidity and perceived credibility.
forward-looking statements regulatory
"Certain statements contained in this release ... are forward-looking statements that involve a number of risks and uncertainties"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) June 1, 2026

 

MicroVision, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-34170   91-1600822

(State or other jurisdiction

of incorporation)

 

(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, including area code)

 

Not Applicable

(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, par value $0.001 per share   MVIS   The NASDAQ Stock Market

 

Indicate by check mark whether the registrant is an emerging growth company 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 8.01. Other Events.

 

On June 1, 2026, MicroVision, Inc., a Delaware corporation (the “Company” or “MicroVision”), issued a press release announcing that it plans to seek approval for an amendment to the Company’s certificate of incorporation to provide MicroVison’s Board of Directors with the right to effect a reverse stock split of the Company’s common stock, par value $0.01 per share, at a ratio of not less than 1-for-5 or more than 1-for-15, with the exact ratio to be determined by the Board of Directors. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

MicroVision’s Board of Directors has set May 28, 2026 as the record date for shareholders entitled to vote at the Annual Meeting of Shareholders. The time and other details regarding the Annual Meeting will be communicated to shareholders via preliminary and definitive proxy materials which will be filed with, and will be subject to review by, the U.S. Securities and Exchange Commission (the “SEC”).

 

Solicitation Material

 

This communication may be deemed to be solicitation material in connection with the proposal to be submitted to MicroVision shareholders at its Annual Meeting seeking approval of an amendment to the Company’s certificate of incorporation to effect a reverse stock split. In connection with the proposal, MicroVision plans to file a preliminary proxy statement on Schedule 14A with the SEC. The Company expects to file its definitive proxy material in due course. Shareholders are encouraged to read the preliminary proxy statement and all other relevant documents filed with the SEC when they become available, including the definitive proxy statement, because they will 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).

 

MicroVision and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposal to be submitted to MicroVision’s shareholders at its 2026 Annual Meeting of Shareholders. Information about the directors and executive officers of MicroVision is set forth in its Annual Report on Form 10-K filed with the SEC on March 4, 2026, as amended (the “2025 Form 10-K”), under the heading “Directors, Executive Officers and Corporate Governance.” Investors may obtain additional information regarding the interests of such participants by reading the 2025 Form 10-K, the preliminary proxy statement and the definitive proxy statement, when it becomes available. MicroVision has also retained Saratoga Proxy Consulting LLC to assist in the solicitation of proxies at an estimated cost of $10,000 plus expenses.

 

Item 9.01. Financial Statements and Exhibits.

 

(c) Exhibits.

 

Pursuant to the rules and regulations of the SEC, the attached exhibit is deemed to have been furnished to, but not filed with, the SEC.

 

  Exhibit No.   Description
  99.1   Press Release of MicroVision, Inc. dated June 1, 2026
  104   Cover Page Interactive File (the cover page tags are 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 1, 2026

 

 

 

 

Exhibit 99.1

 

MicroVision Files Preliminary Proxy Statement

 

Redmond, WA - June 1, 2026 - MicroVision, Inc., (Nasdaq: MVIS), a leader in advanced perception solutions, today announced its filing of a preliminary proxy statement in connection with the Company’s 2026 Annual Meeting of Shareholders to be held virtually on Friday, July 10, 2026, at 9:00 am PT. The preliminary proxy statement provides detailed proposals to be voted on at the Annual Meeting, including a proposal to provide the Board of Directors the right to effect a reverse stock split.

 

“Since stepping into the CEO role at MicroVision just eight months ago, we have been steadily and rapidly progressing along our path to achieve commercial success, having deepened our technical expertise, expanded our product portfolio, sharpened our go-to-market plan, and accelerated commercial engagement and traction,” said Glen DeVos, CEO of MicroVision. “In order to effectively and quickly execute on our strategic commercial and operational goals, MicroVision must have the right capital structure to offer a compelling investment opportunity to a wide range of investors.”

 

“The reverse stock split proposal is intended to support long-term shareholder value by preserving our listing on Nasdaq, supporting capital flexibility, and achieving a stock price that will appeal to stable, value-enhancing capital,” said Robert Carlile, Chairman of the Board of MicroVision. “On behalf of the entire Board, I would like to convey our appreciation of the continued support of the Company’s shareholders, as well as our confidence in the leadership team to diligently and expeditiously execute our strategic plan to build value for MicroVision and its shareholders.”

 

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/.

 

1

 

 

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 plans to file a preliminary proxy statement on Schedule 14A with the SEC. The Company expects to file its definitive proxy material in due course. Shareholders are encouraged to read the preliminary proxy statement and all other relevant documents filed with the SEC when they become available, including the definitive proxy statement, because they will 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).

 

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

 

2

FAQ

What reverse stock split is MicroVision (MVIS) proposing?

MicroVision is asking shareholders to authorize its Board to implement a reverse stock split of common stock at a ratio between 1-for-5 and 1-for-15. The exact split ratio would be chosen later by the Board if the amendment is approved.

Why does MicroVision (MVIS) want reverse stock split authority?

MicroVision says the reverse stock split is intended to support long-term shareholder value by helping preserve its Nasdaq listing, supporting capital flexibility, and targeting a stock price that appeals to more stable, value-enhancing capital providers, according to statements from its CEO and Board Chairman.

When is MicroVision’s 2026 Annual Meeting and who can vote?

MicroVision plans to hold its 2026 Annual Meeting of Shareholders virtually on July 10, 2026 at 9:00 a.m. PT. Shareholders of record as of May 28, 2026 are entitled to vote on proposals, including the reverse stock split amendment.

What documents is MicroVision (MVIS) filing for the reverse split vote?

MicroVision has filed a preliminary proxy statement on Schedule 14A and expects to file definitive proxy materials in due course. Shareholders are encouraged to read the preliminary and definitive proxy statements when available because they will contain detailed information about the reverse split proposal.

How can MicroVision (MVIS) shareholders access the proxy materials?

Shareholders can obtain free copies of MicroVision’s proxy statement and related documents from the SEC’s website at www.sec.gov or via the company’s Investor Relations site at ir.microvision.com, where filings and additional meeting information will be posted.

Who is assisting MicroVision with proxy solicitation for the reverse split?

MicroVision has retained Saratoga Proxy Consulting LLC to help solicit proxies for its 2026 Annual Meeting. The company estimates the cost of these proxy solicitation services to be about $10,000 plus expenses, according to the disclosure.

Filing Exhibits & Attachments

4 documents