MicroVision applies to transfer Nasdaq listing to Capital Market for compliance period
MicroVision submitted an application on June 12, 2026 to transfer its common stock listing from The Nasdaq Global Market to The Nasdaq Capital Market. The move is intended to support a request for an additional 180-calendar-day compliance period to regain compliance with Nasdaq's $1.00 minimum bid price requirement, which the company failed to maintain. The company must achieve a stock price of $1.00 or more for at least 10 consecutive business days during the grace period to regain compliance, absent Nasdaq discretionary extension.
Key facts
- Application filed June 12, 2026 to transfer listing from Nasdaq Global Market to Nasdaq Capital Market
- Seeks additional 180-calendar-day compliance period for $1.00 minimum bid price requirement
- Stock must close at $1.00 or more for at least 10 consecutive business days to regain compliance
- Nasdaq notified company of minimum bid price failure on January 16, 2026
- Approximately $42,000,000 of common stock remains unsold under At-The-Market agreement as of June 12, 2026
- Amendment No. 1 to At-The-Market Issuance Sales Agreement executed June 12, 2026
- New Form S-3 registration statement filed June 12, 2026 to replace expiring shelf registration
- Trading symbol MVIS expected to continue if transfer approved
Why it matters
The delisting deficiency threatens MicroVision's continued access to public capital markets; the transfer application and compliance period are designed to preserve the company's Nasdaq listing while it executes strategic acquisitions and pursues commercial opportunities in lidar and perception technologies.
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Derived from 8-K filed 2026-06-12. Not investment advice. View the source filing on SEC.gov →