Thursday, November 01, 2018 5:53:21 PM
Last year, they filed one for preferreds and included this statement.
As we have incurred losses in each of the periods presented below, our earnings were inadequate to cover fixed charges and preference dividends, if any, by the following amounts (in thousands):
As to $1 being the minimum, I'm sure that's what shareholders thought back in 2011, only to have MVIS to do a 1:8 R/S in order to keep their Nasdaq listing.
On February 17, 2012, MicroVision, Inc. (the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to (i) effect a one-for-eight reverse stock split of the Company’s issued and outstanding common stock, par value $0.001 per share, on February 17, 2012 at 5:00 pm Eastern Time (the “Effective Time”) and (ii) reduce the total number of shares of common stock that the Company shall have the authority to issue by 100,000,000 shares from 200,000,000 to 100,000,000 shares and reduce the total number of shares of capital stock that the Company is authorized to issue by the same amount. As a result of the one-for-eight reverse stock split (the “Reverse Stock Split”), at the Effective Time, each eight shares of the Company’s common stock issued and outstanding immediately prior to the Effective Time will be automatically combined into and become one share of Company common stock. Stockholders of record who otherwise would be entitled to receive fractional shares are entitled to rounding up of their fractional share to the nearest whole share. The Reverse Stock Split will not alter the par value of the common stock or modify any voting rights or other terms of the common stock.
And here it is, again, back to the base level for Nasdaq's price minimum. And the A/S was raised to 150M from 100M because the O/S is now 93,073,343.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
Recent MVIS News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 08:06:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:23:17 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 03/05/2024 01:42:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 01:18:06 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 03/05/2024 01:10:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:15:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:14:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 09:15:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 02:26:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 10:30:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 09:35:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 01:11:40 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 09:20:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:37:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:15:50 PM
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