MicroVision Shareholders Clear Reverse Split Plan, Convertible Note Share Issuance

MicroVision shareholders approved all five proposals at the 2026 annual meeting, including the election of all seven directors and ratification of auditor Baker Tilly US, LLP. The board said final voting results will be filed with the SEC on Form 8-K.

Investors also backed the issuance of shares tied to senior secured convertible notes sold to an institutional investor in February 2026. The company said it did not provide further details beyond its proxy statement.

Shareholders authorized a possible reverse stock split with a ratio between 1-for-5 and 1-for-15, to be set by the board within one year. The approved plan also allows for a reduction in authorized shares to 150 million.

Microvision NASDAQ: MVIS shareholders approved all five proposals presented at the company’s 2026 annual meeting, including the election of directors, authorization related to convertible notes, and amendments that allow the board to implement a reverse stock split. The virtual meeting was chaired by Bob Carlile, chairman of the board, who called the meeting to order and introduced MicroVision’s executive officers and directors.

Glen De Vos, the company’s chief executive officer, said the company would keep the meeting focused on annual meeting business, while noting that management remains focused on communicating its strategy to shareholders.

“It is important to me and the board that I do a good job communicating to shareholders about our vision, the strategy for MicroVision, and how we’re executing that,” De Vos said. He added that the company’s recent business update and sharehold...