0001193125-17-202452.txt : 20170613 0001193125-17-202452.hdr.sgml : 20170613 20170613161532 ACCESSION NUMBER: 0001193125-17-202452 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170612 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20170613 DATE AS OF CHANGE: 20170613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROVISION, INC. CENTRAL INDEX KEY: 0000065770 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 911600822 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34170 FILM NUMBER: 17908985 BUSINESS ADDRESS: STREET 1: 6244 185TH AVENUE NE, SUITE 100 CITY: REDMOND STATE: WA ZIP: 98052 BUSINESS PHONE: 425-936-6847 MAIL ADDRESS: STREET 1: 6244 185TH AVENUE NE, SUITE 100 CITY: REDMOND STATE: WA ZIP: 98052 FORMER COMPANY: FORMER CONFORMED NAME: MICROVISION INC DATE OF NAME CHANGE: 19960724 8-K 1 d410859d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 12, 2017

 

 

MICROVISION, INC.

(Exact name of registrant as specified in its charter)

 

DELAWARE   001-34170   91-1600822

(State or other jurisdiction

of incorporation)

  

(Commission File

Number)

  

(IRS Employer

Identification No.)

6244 185th Avenue NE, Suite 100

Redmond, Washington 98052

(Address of principal executive offices) (Zip Code)

(425) 936-6847

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 1.02. Termination of a Material Definitive Agreement.

On June 12, 2017, MicroVision, Inc. (the “Company”) delivered a notice of termination under the At-The-Market Sales Issuance Agreement dated May 1, 2017 (the “Sales Agreement”) between the Company and IFS Securities, Inc. (doing business as Brinson Patrick, a division of IFS Securities, Inc.) (“Brinson Patrick”) as sales agent. The Sales Agreement is terminable without penalty at the Company’s election. Pursuant to the terms of the Sales Agreement, termination of the Sales Agreement will be effective on June 17, 2017. The Sales Agreement entitled the Company to issue and sell, from time to time, up to an aggregate of $5 million in shares of its common stock, par value $0.001 per share (the “Common Stock”), through Brinson Patrick.

Through the date hereof, the Company has sold approximately 1.7 million shares of Common Stock for an aggregate offering price of approximately $3.7 million.

As a result of the termination of the Sales Agreement, there will be no further sales of Common Stock thereunder.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

MICROVISION, INC.
/s/ Stephen P. Holt

Stephen P. Holt

Chief Financial Officer

Dated: June 13, 2017