As seen on the sec file 14A on microvision site : Investors, sec file
First and foremost, approval of Proposal 3 will provide the Company with the necessary tools to maintain the liquidity and value of our investors’ shares. Delisting would make MicroVision less appealing to institutional investors and limit the pool of potential investors which would make it more difficult for our investors to obtain a quote or sell their shares. As we explore potential transactions it is very important to maintain liquidity of our investors’ shares.
Secondly, Proposal 3 provides flexibility enhancing our ability to consider and possibly facilitate a tender offer or exchange of shares in the event of a sale or merger, which are among the opportunities we are exploring to maximize shareholder value.
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stephane.24
@stephane.24
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Is this a plausible scenario and done before ?
A reverse split say 10:1 and then exchange of share with merge company after buyout. The shares you bought split in ten then exchange for the shares at market price price of buyers company . -
60 m. Volume
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Hey Bears ....
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Stocktwits suck so bad . Insane . They blocked me for i don’t fucking know
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That’s legit
MVIS
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MVIS