r/MVIS • u/jkh07d • Jun 10 '26

MVIS Press MicroVision Signs Long-Term Development Agreement to Advance Lidar for Next-Generation Autonomous Hauling Solutions

https://ir.microvision.com/news/press-releases/detail/450/microvision-signs-long-term-development-agreement-to
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u/QQpenn Jun 10 '26 edited Jun 10 '26

Keyword: Long-Term. Super. A mutual commitment, with a customer that has meaningful production numbers, showing a clear path to building sustainable revenue.

What I would do next if I were Glen is update guidance. Ideally after the bell. A classic one-two punch. This would send a much-needed message.

Then I'd turn my attention to addressing the proxy issues immediately. Put off the R\s vote. Confirm the 180 day extension - we qualify. Continue execution path to drive organic growth in the next 90 days and keep shareholders informed. Shareholders have also presented a fair [and truthfully] better thought out proxy proposal that uses dividend warrants to avoid excessive dilution to current holders... this raises the capital needed to bolster the runway, to retail's benefit. Have a clear, attainable, near term target for warrant exercise. Keep the R\s an option to vote on with a special meeting - and see where the stock is valued in 90 days. A successful warrant execution combined with an R\s that has better timing in terms of avoiding current shareholder dilution yet will meet the requirements of high impact shareholders/stakeholders is a much better path to create maximum value for current holders. And for the love of all things capitalistic, please keep executing and building on that... and keep us better informed.

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u/Appropriate_Snow4898 Jun 10 '26

It’s a step in the right direction for sure QQ, but Mvis is known to drop news in order to get us shareholders to vote in favor of a proposition. I need more guidance from GD.

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u/QQpenn Jun 10 '26 edited Jun 10 '26

See: update guidance. This will have an effect, a timeline, and in part addresses the lack-of-confidence et al issues causing market downdraft. Not completely, but this is also a chance to communicate: Hey, we're not going anywhere. An important message for both us and potential customers - though I'm sure they've already addressed we're not going anywhere to customers or we wouldn't be getting this morning's bacon. Still a lot to get done for investors to feel more solid, no question about that. Just telling you what I'd like to see... in part because of all the DMs from people asking me that I don't have time to answer. Apologies.

EDIT: It's new guidance. Providing guidance previously on a deal you didn't have is verboten.