Company: MVIS
Filing Date: 2025-02-03
Form Type: 424B5
Source: 0001493152-25-004622
Chunk: 10

Company: MICROVISION, INC.
Filing Date: 2025-02-03
Form: 424B5
Chunk 10
---
 registration statement relating to the issuance of the shares underlying the warrants is not then effective or available or such shares would not be freely tradable, a holder of warrants would be entitled to exercise the warrants on a cashless basis, where the holder receives the net value of the warrant in shares of common stock.

The warrants do not confer upon holders any voting or other rights as stockholders of the Company.

| S-7 |

<div align='center'>DILUTION</div>

If you invest in our securities, your interest will be diluted by an amount equal to the difference between the public offering price and the net tangible book value per share of our common stock after this offering. We calculate net tangible book value per share by dividing our net tangible book value (total assets less intangible assets and total liabilities) by the number of outstanding shares of common stock.

Our net tangible book value at September 30, 2024 was approximately $53.3 million, or $0.25 per share of common stock. After giving effect to the sale of shares of common stock in the aggregate principal amount of $8,000,000, and our receipt of the expected proceeds from the sale of those shares, our adjusted net tangible book value at September 30, 2024 would be approximately $60.9 million, or $0.28 per share. This represents an immediate increase in as-adjusted net tangible book value of $0.03 per share to existing shareholders and an immediate and substantial dilution of $1.11 per share to the investor in this offering. The following table illustrates this per share dilution:

| Public offering price per share                                |     |   |      |     | $ | 1.39125 |
| Net tangible book value per share at September                 
 30, 2024                                                       |     | $ | 0.25 |     |   |         |
| Increase in net tangible                                       
 book value per share attributable to this offering             |     | $ | 0.03 |     |   |         |
| As-adjusted net tangible book value per share                  
 as of September 30, 2024, after giving effect to this offering |     |   |      |     | $ |    0.28 |
| Dilution per share to the investor in this                     
 offering                                                       |     |   |      |     | $ |    1.11 |

The table and discussion above are based on 213,373,426 shares of our common stock outstanding as of