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MicroVision Warrant Exercise ?5
09:27 08-Apr-15
MicroVision has raised $2.5M from the exercise of warrants on 1,175,000 shares of common stock. While this does technically represent dilution, these were previously issued and outstanding warrants. This is NOT a new capital raise. Several subscribers have written that they wished they'd jumped on MVIS when I first identified the opportunity, just over $2 per share, which is the effective exercise price here. The stock has already slumped some while waiting for new developments. If the market misinterprets this news, it might represent the best buy-the-dip opportunity we're likely to see.