New Issue: Microvision arranges $15 million private placement of its common shares

By Devika Patel

Knoxville, Tenn., June 22 - Microvision, Inc. said it will sell $15 million of its shares in a private placement with Walsin Lihwa Corp.

The company will sell 8,076,239 common shares at $1.8573 per share. Walsin Lihwa also will receive a warrant for 2,019,060 shares, which is exercisable at $2.185 until June 22, 2012.

Settlement is expected June 22.

Based in Bothell, Wash., Microvision develops high-resolution displays and imaging systems used in military, medical, industrial and consumer applications.

Issuer:	Microvision, Inc.
Issue:	Common stock
Amount:	$15 million
Shares:	8,076,239
Price:	$1.8573
Warrants:	For 2,019,060 shares
Warrant expiration:	June 22, 2012
Warrant strike price:	$2.185
Investor:	Walsin Lihwa Corp.
Pricing date:	June 22
Settlement date:	June 22
Stock symbol:	Nasdaq: MVIS
Stock price:	$2.59 at close June 19
Market capitalization:	$165 million

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