MicroVision Inc. $(MVIS)$ has issued a call to its shareholders ahead of the 2025 Annual Meeting, urging them to vote in favor of Proposal Two. In an open letter from CEO Sumit Sharma, the company emphasized the critical importance of this proposal, which seeks shareholder approval to increase the number of authorized shares of common stock. The approval is intended to bolster the company's strategic execution and financial strength, enhancing its attractiveness as a supplier and partner. Sharma highlighted that approval of this proposal does not mean immediate issuance of the shares, but rather ensures they are available if needed to further the company's long-term goals. The company is stressing the high voter turnout needed for approval, warning that not voting will have the same effect as a vote against the proposal. Shareholders can vote via internet, phone, or mail, with further assistance available through Saratoga Proxy Consulting.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.