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MicroVision Announces Closing of $4.2 Million Offering of Common StockREDMOND, Wash., Dec. 11, 2018 (GLOBE NEWSWIRE) -- MicroVision, Inc. (Nasdaq: MVIS), a leader in innovative ultra-miniature laser display and sensing technology, today announced the closing of its underwritten public offering of 7 million shares of its common stock at a public offering price of $0.60 per share for gross proceeds of $4.2 million. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), acted as sole book-running manager and representative of the underwriters of the offering. Craig-Hallum Capital Group LLC and H.C. Wainwright & Co. acted as co-managers of the offering. MicroVision expects to receive net proceeds, after deducting the underwriting discount and estimated offering expenses, of approximately $3.7 million from the offering. MicroVision intends to use the net proceeds for general corporate purposes. The securities described above were offered by MicroVision pursuant to its registration statement on Form S-3 (Registration No. 333-228113), as amended, previously filed and declared effective by the Securities and Exchange Commission (SEC). This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the offering, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. About MicroVision MicroVision is the creator of PicoP® scanning technology, an ultra-miniature sensing and projection solution based on the laser beam scanning methodology pioneered by the company. MicroVision’s platform approach for this sensing and display solution means that its technology can be adapted to a wide array of applications and form factors. We combine our hardware, software, and algorithms to unlock value for our customers by providing them a differentiated advanced solution for a rapidly evolving, always-on world. Extensive research has led MicoVision to become an independently recognized leader in the development of intellectual property. MicroVision’s IP portfolio has been recognized by the Patent Board as a top 50 IP portfolio among global industrial companies and has been included in the Ocean Tomo 300 Patent Index. The company is based in Redmond, Washington. MicroVision and PicoP are trademarks of MicroVision, Inc. in the United States and other countries. All other trademarks are the properties of their respective owners. Forward-looking Statements Contact: or David H. Allen |