---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007835"
form_type: "8-K"
ticker: "MVIS"
cik: "0000065770"
company_name: "MICROVISION, INC."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:57:24.616675+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MicroVision issues $43M zero-coupon convertible notes due 2028; defers prior debt

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-007835
- form_type: 8-K
- ticker: MVIS
- cik: 0000065770
- company_name: MICROVISION, INC.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65770/000149315226007835/0001493152-26-007835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65770/000149315226007835/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007835
- JSON: https://secwatch.observer/filing/0001493152-26-007835.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007835.txt

## Source-grounded claims
- claim_id: d034ff00edaade6e7039704bac936449325f61f3
  claim: MICROVISION, INC. incurred convertible notes of $43 million with institutional investor at zero coupon maturing March 1, 2028.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000149315226007835/0001493152-26-007835-index.htm
- claim_id: 8a7fc773aba589745b8114932ac12960f2871e29
  claim: MICROVISION, INC. entered into Convertible Notes with an institutional investor valued at $43 million (effective 2026-02-23).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000149315226007835/0001493152-26-007835-index.htm
- claim_id: c92a2343f5945896c3d38dec663dedd3e6467c8e
  claim: MICROVISION, INC. entered into Securities Purchase and Exchange Agreement with an institutional investor valued at $43 million (effective 2026-02-23).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000149315226007835/0001493152-26-007835-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.