11/19/2009 - Microvision (NASDAQ:MVIS) announced the pricing of an underwritten public offering of 6.7 million shares of its common stock of $3.00 per share. The company has given underwriters a 30-day option to purchase up to an additional 1.0 million shares of its common stock to cover over-allotments. It expects net proceeds of about $18.7 million form the offering, or $21.5 million if the underwriters exercise their over-allotment option in full and will use the proceeds for general corporate purposes. Oppenheimer & Co. and Thomas Weisel Partners are the joint book-running managers and Craig Hallum Capital Group is acting as co-manager for the offering.

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html