To: dwight martin who wrote (2828 ) 6/8/1999 4:11:00 AM From: Ronald Kronemann Read Replies (1) | Respond to of 7721
dwight, how do you arrive at 6 million mvisw, the original filing was for 2.25 million? Apart from this difference in our numbers, I don't think anything is wrong with your thoughts. I just fear that I would sell much too cheap and don't get a good chance to buy back. Ronald Extract from Microvision 424B4 filed with the SEC on 28 August 1996sec.gov Page 1 Microvision, Inc., a Washington corporation ("Microvision" or the "Company"), is hereby offering 2,250,000 units (the "Units"), each Unit consisting of one share of the Company's common stock, no par value (the "Common Stock"), and one warrant to purchase one share of Common Stock (the "Warrants"). See "Underwriting" for a discussion of the factors considered in determining the initial offering price (the "Unit Offering Price"). The Common Stock and Warrants that make up the Units will separate immediately upon issuance and will trade only as separate securities. Each Warrant initially entitles the holder thereof to purchase one share of Common Stock at an exercise price of $12.00 per share, subject to certain adjustments. The Warrants are exercisable at any time, unless previously redeemed, until the fifth anniversary of the effective date of this offering, subject to certain conditions. The Company may redeem the outstanding Warrants, in whole or in part, at any time upon at least 30 days prior written notice to the registered holders thereof, at a price of $.25 per Warrant, provided that the closing bid price of the Common Stock has been at least 200% of the exercise price of the Warrants for each of the 20 consecutive trading days immediately preceding the date of the notice of redemption.