MicroVision Locks In 1-for-15 Reverse Split to Preserve Nasdaq Listing

summarizeSummary

MicroVision will execute a 1-for-15 reverse stock split on August 1, 2026, to regain Nasdaq compliance. The split reduces authorized shares to 175 million and follows shareholder approval and a transfer to the Nasdaq Capital Market.

check_boxKey Events · Corporate Governance and Compliance · MVIS

• Reverse Stock Split Finalized

  The board approved a 1-for-15 reverse stock split, effective August 1, 2026, with split-adjusted trading beginning August 3, 2026 under ticker MVIS.

• Authorized Shares Reduced

  Total authorized capital stock was cut from 510 million to 175 million shares (150 million common, 25 million preferred), limiting future dilution capacity.

• Nasdaq Compliance Strategy

  The reverse split aims to raise the stock price above the Nasdaq Capital Market's minimum bid requirement; the company's transfer to that market became effective July 20, 2026.

• Fractional Share Treatment

  No fractional shares will be issued; shareholders entitled to fractional shares will have their holdings rounded up to the nearest whole share.

auto_awesomeAnalysis · MVIS · Manufacturing

To lift its share price above Nasdaq's minimum bid threshold, MicroVision has finalized a 1-for-15 reverse stock split, effective August 1, 2026. The move slashes authorized shares from 510 million to 175 million, curbing future dilution headroom. While ownership percentages remain unchanged, the split is a vital step to avoid delisting after the stock tumbled to $0.31. The company also confirmed its transfer to the Nasdaq Capital Market—effective July 20, 2026—which offers more lenient listing standards. This action is part of a broader survival strategy that includes a $42 million ATM offering and a recent OEM development agreement.