According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), MicroVision has officially issued a batch of convertible notes.
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The total principal amount of the note reaches $43 million, adopting a zero-coupon structure and scheduled to mature on March 1, 2028. This financing arrangement will inject new momentum into the company's technology research and development as well as market expansion. The design of the zero-coupon note reduces cash flow pressure during the issuance period, while the convertible feature provides investors with the opportunity to participate in the company's future equity appreciation.
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