Investor Ideas, a global investor research portal for independent investors, specializing in sector research, reports on trading for tech stock MicroVision (NASDAQ:MVIS) trading up at $2.2694, up a whopping $1.0394 or (84.50%) 1:45PM EDT on over 1.6 Million shares .
On May 23, the Company announced that it has closed a $5 million financing with private investors .
MicroVision
received approximately $5 million from the sale of approximately 3.34
million shares of the company’s common stock and warrants to purchase a
total of 1 million shares of the company’s common stock at an exercise
price of $2.12 per share, exercisable for three years from issuance.
received approximately $5 million from the sale of approximately 3.34
million shares of the company’s common stock and warrants to purchase a
total of 1 million shares of the company’s common stock at an exercise
price of $2.12 per share, exercisable for three years from issuance.
MicroVision
provides the PicoP® display technology platform designed to enable
next-generation display and imaging products for consumer devices,
vehicle displays and wearable displays. The company's PicoP projection
display technology uses highly efficient laser light sources which can
create vivid images with high contrast and brightness.
MicroVision
is an independently recognized leader in the development of
intellectual property. MicroVision has been recognized by IEEE as a top
20 IP portfolio among all global electronics companies, and the top U.S.
Company in the rankings. MicroVision’s intellectual property portfolio
has also been recognized by the Patent Board, in association with the
Wall Street Journal as a top 50 IP portfolio among all global industrial
companies. The Patent Board has developed more than 50 indicators that
track global patent activity relating to companies' innovation,
technology, and science strengths. MicroVision’s intellectual property
portfolio is further recognized by having been added to the Ocean Tomo
300 Patent Index. The Index is priced and published by the NYSE Euronext
(NYSE:OTPAT). The index is objectively based on the value of
intellectual property compared to competitors.
Website: www.microvision.com
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