MICROVISION, INC. (MVIS): debt financing — MicroVision issues $43M zero-coupon convertible notes due 2028; defers prior debt

MICROVISION, INC.

Exchanged ~$20.6M prior note due 2026 and sold ~$22.4M new note, both due March 2028.
Initial conversion price set at $0.8819 (110% of Feb. 23 closing price).
Notes are senior secured, zero coupon, redeemable in cash or stock, subject to stockholder approval.
Proceeds support integration of recently acquired Luminar and Scantinel assets.
WestPark Capital received $426,500 cash placement-agent fee.

item 1.01 item 1.02 item 2.03 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MICROVISION, INC. incurred convertible notes of $43 million with institutional investor at zero coupon maturing March 1, 2028.

Instrument: convertible notes
Principal: $43 million
Counterparty: institutional investor
Rate: zero coupon
Maturity: March 1, 2028
Event: incurrence

Exact text from the filing

On February 23, 2026, MicroVision, Inc. (the “Company”) entered into a Securities Purchase and Exchange Agreement (the “Purchase Agreement”) for the exchange of senior secured convertible notes due 2026 for senior secured convertible notes due 2028 (the “Exchanged Note”) and the purchase of senior secured convertible notes due 2028 (the “New Note” and together with the Exchanged Note, the “Convertible Notes”) with an institutional investor (the “Holder”). The aggregate principal amount for the Convertible Notes is $43 million (the “Principal Amount”). The Convertible Notes bear zero coupon and mature on March 1, 2028.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MICROVISION, INC. entered into Convertible Notes with an institutional investor valued at $43 million (effective 2026-02-23).

Action: entry
Agreement: notes offering
Counterparty: an institutional investor
Value: $43 million
Effective: 2026-02-23

Exact text from the filing

On February 23, 2026, MicroVision, Inc. (the “Company”) entered into a Securities Purchase and Exchange Agreement (the “Purchase Agreement”) for the exchange of senior secured convertible notes due 2026 for senior secured convertible notes due 2028 (the “Exchanged Note”) and the purchase of senior secured convertible notes due 2028 (the “New Note” and together with the Exchanged Note, the “Convertible Notes”) with an institutional investor (the “Holder”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MICROVISION, INC. entered into Securities Purchase and Exchange Agreement with an institutional investor valued at $43 million (effective 2026-02-23).

Action: entry
Agreement: equity purchase
Counterparty: an institutional investor
Value: $43 million
Effective: 2026-02-23

Exact text from the filing

On February 23, 2026, MicroVision, Inc. (the “Company”) entered into a Securities Purchase and Exchange Agreement (the “Purchase Agreement”) for the exchange of senior secured convertible notes due 2026 for senior secured convertible notes due 2028 (the “Exchanged Note”) and the purchase of senior secured convertible notes due 2028 (the “New Note” and together with the Exchanged Note, the “Convertible Notes”) with an institutional investor (the “Holder”).

View on SEC.gov

Browse all debt financings →

MICROVISION, INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-007835

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.