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MicroVision raises $2.5M through warrant exercise

Apr. 08, 2015 11:08 AM ETMicroVision, Inc. (MVIS) StockBy: Eric Jhonsa, SA News Editor
  • MicroVision (NASDAQ:MVIS -1.7%) has received $2.5M in proceeds from the exercising of previously-issued warrants to buy 1.175M shares (implies an exercise price of ~$2.13).
  • The pico projector module developer had $8.3M in cash at the end of 2014; an $8M license fee has since been received.

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