MicroVision, Inc. Announces 1-for-15 Reverse Stock Split

What Happened

• MicroVision, Inc. announced that shareholders approved a 1-for-15 reverse stock split at the company’s July 10, 2026 annual meeting. The Board filed a Certificate of Amendment with Delaware on July 22, 2026 to implement the split and reduce authorized shares; the Reverse Stock Split becomes effective at 5:00 p.m. ET on August 1, 2026. The company also reduced total authorized capital to 175,000,000 shares (150,000,000 common; 25,000,000 preferred). Trading is expected to begin on a split-adjusted basis on Nasdaq at market open on August 3, 2026 under the existing symbol “MVIS” with a new CUSIP 594960403.

Key Details

• Reverse split ratio: 1-for-15 (every 15 issued and outstanding common shares combined into 1 share).
• Effective time: 5:00 p.m. Eastern Time, August 1, 2026; split-adjusted trading begins Aug 3, 2026.
• Authorized shares after amendment: 175,000,000 total (150,000,000 common; 25,000,000 preferred), par value unchanged at $0.001 per share.
• No fractional shares will be issued; fractional entitlements will be rounded up to the nearest whole share. Proportionate adjustments will be made to outstanding options, warrants, convertible notes, exercise/conversion prices, and shares reserved under equity plans.

Why It Matters

• The reverse split consolidates the share count and raises the per-share trading unit without changing each shareholder’s proportional ownership (aside from rounding).
• Adjustments to options, warrants and convertible securities preserve contractual rights and strike/exercise prices on a post-split basis.
• Investors should note the effective and trading dates (Aug 1 and Aug 3, 2026) and the new CUSIP when reviewing holdings or placing trades; the company also recently transferred to The Nasdaq Capital Market effective July 20, 2026.