Company: MVIS
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000783
Chunk: 24

Company: MICROVISION, INC.
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 24
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. Aptiv was spun out of Delphi Automotive in March 2017; Delphi was spun out of GM in 1999.

PART
II.

ITEM
5.MARKET
                  FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market
Information

Our
common stock began trading publicly on August 27, 1996. Our common stock trades on The Nasdaq Global Market under the ticker symbol “MVIS.”
We have never declared or paid cash dividends on our common stock. We currently anticipate that we will retain all future earnings to
fund the operations of our business and do not anticipate paying dividends on the common stock in the foreseeable future.

As
of March 20, 2025, there were approximately 139 holders of record of 245,004,785 shares of common stock outstanding. As many of our shares
of common stock are held by brokerages and institutions on behalf of shareholders, we are unable to estimate the total number of beneficial
holders of our common stock represented by these record holders.

Stock
Performance Graph

This
performance graph shall not be deemed to be “soliciting material” or “filed” or incorporated by reference in
future filings with the Securities and Exchange Commission, or subject to the liabilities of Section 18 of the Securities Exchange Act
of 1934, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

The
following graph shows a comparison from 2019 through 2024 of the cumulative total return for our common stock, the Russell 2000 Index
and the Dow Jones US Electronic and Electrical Equipment Index. Our prior annual reports had included cumulative total return from the
NASDAQ Electrical Components Index, however it is not included on this graph because the index has been discontinued. The comparisons
in the graph are historical and are not intended to forecast or be indicative of possible future performance of our common stock.

22

Recent
Sales of Unregistered Securities

On
November 21, 2023, pursuant to subscription agreements dated as of November 14, 2023, between us and each of the purchasers, we sold
in the aggregate 50,761 shares of our common stock, par value $0.001 per share (“Common Stock”), at $1.97 per share, for
an aggregate purchase price of approximately $0.1 million. The purchasers consisted of our Chief