MicroVision (MVIS) Registration Filing summary

Company overview and business model

• Develops lidar hardware and software for automotive ADAS and autonomous vehicles, as well as industrial, robotics, and smart infrastructure markets.

• Leverages proprietary MEMS, laser, and software technology, with expanded capabilities from the acquisition of Ibeo Automotive Systems in 2023.

• Offers integrated solutions including dynamic-range and long-range MAVIN sensors, short-range MOVIA sensors, and MOSAIK validation software.

• Has a history of innovation in laser beam scanning and microdisplay technologies, with recent focus on automotive lidar.

Financial performance and metrics

• Has incurred substantial losses since inception and expects significant losses for fiscal years 2023 and 2024.

• Loss per share for the year ended December 31, 2023 was $0.45.

Use of proceeds and capital allocation

• Will not receive proceeds from the resale of shares by the selling stockholder; proceeds go to the selling stockholder.

• Agreed to pay all costs related to registration, while the selling stockholder covers brokerage and related expenses.