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Microvision Completes $1.5 Million Private Placement
Microvision Completes $1.5 Million Private PlacementBOTHELL, Wash.--(BUSINESS WIRE)--Sept. 1, 2005--Microvision, Inc. (Nasdaq:MVIS - News), a leader in light scanning technologies, today announced that it has completed the private placement of 285,714 shares of common stock and warrants to purchase 64,373 shares of common stock for $1.5 million (before issuance costs). The warrants are exercisable for five years at an exercise price of $6.50 per share, subject to anti-dilution adjustment. Further details will be available in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission.
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