MicroVision Applies for Nasdaq Tier Transfer to Extend Compliance Period
Listing At Risk
Company Background
MicroVision is a Redmond, Washington-based developer of lidar-based perception systems targeting automotive, industrial, and security and defense markets, with engineering operations in the U.S. and Germany. The company markets integrated hardware and software solutions and entered 2026 having completed two acquisitions that management says expanded its technology portfolio and engineering capabilities. At roughly $124.9 million in market capitalization, MicroVision remains a small-cap operator in a commercialization-stage lidar sector.
On January 16, 2026, Nasdaq sent MicroVision a deficiency notice informing the company it had failed to maintain the $1.00 minimum bid price required for continued listing on the Nasdaq Global Market under Listing Rule 5450(a)(1). Five months on, the stock has not returned to compliance.
What Was Disclosed
MicroVision submitted an application to transfer its common stock listing from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer is subject to review and approval by Nasdaq staff and does not affect the stock's continued trading under the symbol "MVIS." Its purpose is to qualify MicroVision for an additional 180-calendar-day compliance period that is available to Nasdaq Capital Market issuers but would not be available if the company remained on the Global Market.