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Stock Market & Financial Investment News

News Breaks
March 13, 2014
09:29 EDTMVISMicrovision raises $13.9M in a common stock and warrant offering
Microvision announced that it has priced an underwritten offering of 7,160,000 units at a price to investors of $1.94 per unit for gross proceeds of approximately $13.9 million. Each unit consists of one share of common stock and one warrant to purchase 0.3 shares of common stock at an exercise price of $2.47 per share. The shares of common stock and warrants are immediately separable and will be issued separately. The warrants are exercisable beginning six months from the date of issuance and expire on the fifth anniversary of the date of issuance. Oppenheimer acted as manager for the offerings.
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