Company: MVIS
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001641172-25-005410
Chunk: 22

Company: MICROVISION, INC.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 22
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 par value $.001 per share. Currently, there are
no shares of Preferred Stock issued and outstanding.

No Appraisal Rights

Our shareholders are not entitled to dissenters’
or appraisal rights under the General Corporation Law of the State of Delaware with respect to the proposed amendment to our Certificate
of Incorporation to increase the authorized number of shares, and we will not independently provide shareholders with any such right.

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No Interests of Directors and Executive Officers

Our directors and executive officers have no substantial interests, directly
or indirectly, in the matters set forth in this proposal except to the extent of their ownership of shares of our common stock.

Potential Anti-takeover Effects of Increase in Authorized Common Stock

In addition to the more traditional uses described
in the sections above, it is possible that the company could issue shares of MicroVision stock as a defense against efforts to obtain
control of the company, however, we are not aware of any such efforts. Our Board does not intend or view the increase in authorized shares
of stock as an anti-takeover measure, nor are we aware of any effort by any third party to accumulate our securities or obtain control
of MicroVision by means of a merger, tender offer, solicitation in opposition to management or otherwise.

Vote Required – Your vote is extremely important.

The affirmative vote of a majority of the outstanding
shares of MicroVision common stock is required to approve the Share Capital Amendment. As a result, abstentions and broker non-votes will
have the same effect as a vote “against” the proposal.

The Proposed Share Capital Amendment

This general description of this proposal is qualified
in its entirety by reference to the text of the amendment set forth below for the increase of the total number of authorized shares of
common stock. If this proposal is approved by shareholders, it will become effective upon the filing of a Certificate of Amendment with
the State of Delaware, which MicroVision would intend to file promptly following the shareholder vote in connection with the Annual
Meeting. If this proposal is not approved, the Certificate of Incorporation will continue to allow for the authorization of 310,000,000
shares of common stock.

The first paragraph of ARTICLE IV of MicroVision’s
Certificate of Incorporation shall be amended and restated to read in its entirety as follows if our shareholders vote to approve this
proposal:

The total number of shares of capital stock
which this corporation shall have the authority to issue is five hundred thirty-five million (535,000,000) shares