Oct. 4 at 11:08 PM
$MVIS Sharma’s 3 biggest mistakes:
1) Not raising enough money when the price was in
$20 in June 2021. He sold some of his shares first, then announced the ATM. Some even say his divorce was to part away with half of his shares in high
$20. SEC would have otherwise not allowed him to sell.
2) Not signing Daimler deal for want of
$20 millions or so, which could have appreciated the share price. They ended up doing much more dilution at much lower prices by involving HTC
3) Handling of June 2023 ATM was foul play and them (he & CFO) letting hedgies know before hand that they were looking to open new ATM
