MicroVision Inc. (NASDAQ: MVIS) has entered into a sales agreement with Deutsche Bank Securities Inc., Mizuho Securities USA LLC and Craig-Hallum Capital Group LLC to sell up to $42 million of its common stock, according to a company statement.

The agreement, originally executed on March 5, 2024 and amended on June 12, 2026, allows MicroVision to offer and sell shares of its common stock with a par value of $0.001 per share from time to time through the sales agents. The sales agents may act as the company's agents or directly as principals in the transactions.

Under the terms of the sales agreement, MicroVision maintains discretion over the timing and amount of stock sales within the established framework. The arrangement provides the company with flexibility to access capital markets as needed for its operations.

The information was disclosed in a company press release statement.