维视图像美股招股说明书(2026-06-24版)

MicroVision, Inc. Common Stock We have entered into a sales agreement with Deutsche Bank Securities Inc., Mizuho Securities USA LLC and Craig-Hallum CapitalGroup LLC, or the Sales Agents, on March 5, 2024, as amended on June 12, 2026, relating to the sale of up to $150,000,000 of sharesof our common stock, $0.001 par value per share, or the Sales Agreement. Subject to the terms and conditions of the Sales Agreement,we may offer and sell shares of our common stock from time to time through the Sales Agents, acting as our agents, or directly to the Our shares are quoted on The Nasdaq Global Market under the symbol “MVIS.” On June 11, 2026, the last reported sale price of ourcommon stock on The Nasdaq Global Market was $0.36 per share. Sales of our common stock, if any, under this prospectus may be made in sales deemed to be “at the market” equity offerings asdefined in Rule 415 promulgated under the Securities Act of 1933, as amended, or the Securities Act, including sales made directly onor through The Nasdaq Global Market, the existing trading market for our common stock, sales made to or through a market makerother than on an exchange or otherwise, in negotiated transactions at market prices prevailing at the time of sale or at prices related tosuch prevailing market prices, and/or any other method permitted by law. The Sales Agents are not required to sell a certain number of The Sales Agents will each be entitled to a commission equal to 3% of the gross sales price per share sold by such Sales Agent underthe Sales Agreement. In connection with the sale of the common stock on our behalf, each Sales Agent may be deemed to be an Under the terms of the Sales Agreement, we may also sell shares of our common stock to a Sales Agent, acting as principal, at a priceper share to be agreed upon at the time of sale. If we sell shares to a Sales Agent as principal, we will enter into a separate termsagreement with that Sales Agent. Investing in our common stock involves a high degree of risk. Please see the section entitled “Risk Factors” beginning on page5 of this prospectus, for a discussion of important risks that you should consider before making an investment decision. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of thesesecurities, or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Deutsche Bank Securities The date of this prospectus is June 23, 2026. ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-3 that we filed with the Securities and Exchange Commission, or theSEC. You should read carefully this prospectus, any applicable prospectus supplement and any free writing prospectus, together withthe additional information incorporated by reference in this prospectus described below under “Where You Can Find More We incorporate by reference important information into this prospectus. You may obtain the information incorporated by reference intothis prospectus without charge by following the instructions under “Documents Incorporated by Reference” and “Where You Can FindMore Information” in this prospectus. You should carefully read this prospectus, as well as additional information described under All references in this prospectus to “MicroVision,” “the Company,” “we,” “us” or “our” mean MicroVision, Inc., unless we stateotherwise, or the context otherwise requires. In making your investment decision, you should rely only on the information contained or incorporated by reference in thisprospectus, any accompanying prospectus supplement or in any related free writing prospectus that we authorize for use inconnection with this offering and to which we have referred you. We have not, and the Sales Agents have not, authorizedanyone to provide you with different or additional information. If anyone provides you with different or additionalinformation, you should not rely on it. We are not, and the Sales Agents are not, making an offer to sell these securities under PROSPECTUS SUMMARY The following summary is qualified in its entirety by, and should be read together with, our consolidated financial statements andrelated notes thereto and the more detailed information appearing elsewhere or incorporated by reference in this prospectus. Beforeyou decide to invest in our common stock, you should read the entire prospectus carefully, including the risk factors and the financial Our Company MicroVision is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defensemarkets. We deliver integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, andeconomic scalability. Our diverse portfolio of lidar sensors, with both short- and long-range lidar solutions, feature solid-state sensors Our solutions enable advanced driver assistance systems, o