MICROVISION, INC. 8-K

What Happened
MicroVision, Inc. announced on January 26, 2026 that it entered into an Asset Purchase Agreement to acquire certain lidar-related assets from Luminar Technologies, Inc., including intellectual property and inventory for Luminar’s Iris and Halo sensors. MicroVision was the winning bidder in a Section 363 bankruptcy auction; the U.S. Bankruptcy Court approved the sale on January 27, 2026. The stated purchase price is $33,000,000, subject to potential adjustments, and MicroVision expects to fund the transaction with cash on hand. The deal excludes Luminar’s photonics business historically operated by Luminar Semiconductor, Inc.

Key Details

• Signing Date: January 26, 2026; Bankruptcy Court approval: January 27, 2026.
• Purchase Price: $33,000,000 (subject to adjustment under the Asset Purchase Agreement).
• Assets acquired: intellectual property and inventory related to Luminar’s Iris and Halo lidar sensors; photonics business excluded.
• Funding & process: MicroVision expects to use current cash on hand; closing is subject to customary conditions. A press release was issued Jan. 27, 2026 (Exhibit 99.1); the Asset Purchase Agreement is furnished as Exhibit 10.1.

Why It Matters
This is a material acquisition under Item 1.01: it expands MicroVision’s lidar-related IP and inventory, potentially strengthening its product and technology position in lidar markets. The $33M price and court approval reduce deal uncertainty, but the transaction still requires customary closing conditions. Investors should note the company plans to use cash on hand to fund the purchase and that the acquisition excludes Luminar’s photonics arm, which may affect the scope of assets and capabilities being added.