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more MicroVision dilution -3

This offering was increased to 5,476,191 shares today.

On 08/10/2017 09:41 AM, Esekla wrote:

MicroVision has sold 4,761,905 shares at $2.10.  Although this is below recent highs, it's not too bad from a price perspective.  The share count represents a little over six and a half percent dilution.  I'd expect the offering price to function as a floor, and the pre-market movement seems to support that viewpoint.

On 08/09/2017 06:35 PM, Esekla wrote:

MicroVision has announced more dilution.  The terms are completely unspecified so far, which is indicative of uncertain demand.  We'll know how much of a negative this is once they are available, but with cash coming in, it is definitely disappointing that management can not fund development without offering equity.