November 30, 2009 (FinancialWire) — Microvision, Inc. (NASDAQ: MVIS), a leader in light scanning technologies has priced an underwritten public offering of approximately 3.3 million shares of its common stock to a single current institutional shareholder at a price of $3.00 per share.

Microvision said it expects to receive net proceeds, after deducting the underwriting discount and estimated offering expenses, of approximately $9.3 million from the offering. Oppenheimer & Co. (NYSE: OPY) is the sole book-running manager. The offering is expected to close on December 2, 2009, subject to customary closing conditions.

Microvision plans to use the net proceeds of the offering for general corporate purposes, including, but not limited to, working capital and capital expenditures.

Microvision provides the PicoP display technology platform designed to enable next-generation display and imaging products for pico projectors, vehicle displays, and wearable displays that interface with mobile devices.

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