MicroVision, Inc. (NASDAQ: MVIS) announced it has applied to transfer its common stock listing from The Nasdaq Global Market to The Nasdaq Capital Market. The company said the transfer is intended to support its request for an additional 180-day compliance period to meet Nasdaq's minimum bid price requirement.

The lidar technology company also filed a registration statement on Form S-3 to replace an expiring shelf registration statement. The filing maintains the company's access to its existing At-the-Market facility, which had approximately $42 million of remaining availability as of March 31, 2026.

"This is a proactive step designed to preserve flexibility, reduce unnecessary listing risk, and allow our team to remain focused on delivering against our strategic objectives," said Glen DeVos, Chief Executive Officer of MicroVision.

MicroVision scheduled a business update and interactive shareholder Q&A session for June 25, 2026. During the session, management will provide updates on commercial progress, strategic initiatives, product development activities, and upcoming priorities.

The company stated it completed two acquisitions in 2026, expanded its technology portfolio, and advanced customer engagements across industrial, security and defense, and automotive markets. The company develops lidar-based perception solutions for automotive, industrial, and security applications.

The information is based on a company press release statement.