MicroVision Announces NASDAQ Capital Market Application, Replaces Registration Statement, And Schedules Shareholder Business Update

Company Continues Executing Lidar 2.0 Strategy Following Transformational Acquisitions and Growing Commercial Momentum

REDMOND, WA / ACCESS Newswire / June 12, 2026 / MicroVision, Inc., (Nasdaq:MVIS), a leader in advanced perception solutions for automotive, industrial, and security and defense applications, today announced that it has applied to transfer the listing of its common stock from The Nasdaq Global Market to The Nasdaq Capital Market, filed a registration statement on Form S-3 to replace an expiring shelf registration statement, and announced it will host a business update and interactive shareholder Q&A session on June 25, 2026.

The Company's application to transfer its listing to The Nasdaq Capital Market is intended to support its request for an additional 180-day compliance period to regain compliance with Nasdaq's minimum bid price requirement.

"As our Chairman outlined in his recent letter to shareholders, we believe transferring to The Nasdaq Capital Market positions MicroVision to receive additional time to regain compliance while maintaining our focus on executing the business," said Glen DeVos, Chief Executive Officer of MicroVision. "This is a proactive step designed to preserve flexibility, reduce unnecessary listing risk, and allow our team to remain focused on delivering against our strategic objectives."

The Company also announced the filing of a registration statement on Form S-3 to replace its expiring shelf registration statement. The filing does no more than maintain the Company's ability to access its existing At-the-Market (ATM) facility, which had approximately $42 million of remaining availability as of March 31, 2026.

"Maintaining access to efficient capital markets is an important part of our financial strategy as we continue executing our growth plans," added DeVos. "Since the beginning of 2026, we have completed two transformational acquisitions, expanded our technology portfolio, strengthened our engineering capabilities, and advanced multiple customer engagements across industrial, security and defense, and automotive markets. Preserving financial flexibility ensures we can continue building on that momentum."

MicroVision has entered 2026 with a significantly expanded portfolio of perception technologies and a growing pipeline of commercial opportunities. Recent milestones include new customer engagements across industrial autonomy and intelligent infrastructure markets, and continued advancement of its Lidar 2.0 strategy focused on performance, scalability, and commercialization.

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