MicroVision Faces Nasdaq Bid Price Warning And Dilution Concerns
- MicroVision, ticker NasdaqGM:MVIS, received a Nasdaq notification of non-compliance with the minimum bid price requirement.
- The notice signals that the company is currently below the exchange’s required minimum share price for continued listing.
- MicroVision now has a defined period to regain compliance or it may face possible delisting from the Nasdaq.
MicroVision focuses on lidar and sensing technologies that are used in areas such as automotive safety and advanced driver assistance. For investors, the non-compliance notice sits alongside broader questions about how lidar companies position themselves as the auto and mobility sectors develop new use cases for sensing technology.
The key issue is whether NasdaqGM:MVIS can restore its…
