Microvision Nabs $9.3M Stock Sale
Luke Timmerman12/2/09
Microvision, the Redmond, WA-based developer of light display technologies, said today it has raised $9.3 million in a stock offering. The company (NASDAQ: MVIS) sold 3.33 million shares, at $3 apiece, to a single current institutional investor. Oppenheimer & Co. was the sole book-running manager of the offering, while Craig Hallum Capital served as co-manager.
Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.
