Company: MVIS
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021931
Chunk: 62

Company: MICROVISION, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 4
Chunk 62
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 and investors may lose a significant portion or all of their investment if they purchase our shares at a rate
that is significantly disconnected from our underlying value.

If
we are unable to maintain our listing on The Nasdaq Global Market, it could become more difficult to sell our stock in the public market.

Our
common stock is listed on The Nasdaq Global Market. To maintain our listing on this market, we must meet Nasdaq’s listing maintenance
standards. As a result of recent declines and volatility in our stock price, there is a significant risk that we could fail to maintain
compliance with the minimum bid price requirement of $1.00 per share for continued listing on The Nasdaq Global Market. If we are unable
to continue to meet Nasdaq’s listing maintenance standards for any reason, such as our minimum bid price falling below $1 for 30
consecutive trading days, our common stock could be delisted from The Nasdaq Global Market. If our common stock were delisted, we may
seek to list our common stock on The Nasdaq Capital Market, the NYSE American or on a regional stock exchange or, if one or more broker-dealer
market makers comply with applicable requirements, the over-the-counter, or OTC, market. Listing on such other market or exchange could
reduce the liquidity of our common stock. If our common stock were to trade in the OTC market, an investor would find it more difficult
to dispose of, or to obtain accurate quotations for the price of, the common stock.

A
delisting from The Nasdaq Global Market and failure to obtain listing on another market or exchange would subject our common stock to
so-called penny stock rules that impose additional sales practice and market-making requirements on broker-dealers who sell or make a
market in such securities. Consequently, removal from The Nasdaq Global Market and failure to obtain listing on another market or exchange
could affect the ability or willingness of broker-dealers to sell or make a market in our common stock and the ability of purchasers
of our common stock to sell their securities in the secondary market.

On
November 5, 2025, the closing price of our common stock was $1.08 per share.

Our
lack of significant financial resources may limit our revenues, potential profits, overall market share, or value.

Our
products and solutions compete with other pureplay lidar developers, most of which have raised and exhausted significant capital in their
development and production efforts. We also face competition from