---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-096029"
form_type: "8-K"
ticker: "VUZI"
cik: "0001463972"
company_name: "Vuzix Corp"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:36:15.236533+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quanta Computer invests $20M in Vuzix; first tranche $10M common at $1.30/share

## Summary
- Quanta Computer commits $20M in three tranches: $10M common stock (first closing) and two $5M Series B Preferred tranches tied to waveguide production milestones.
- First tranche $10M at $1.30/share; Series B pays cumulative 1.5% dividend, convertible 10:1 into common.
- Investment supports expansion of Vuzix waveguide manufacturing and co-development of AR/AI smart glasses with Quanta, a Fortune 500 ODM.
- Series B Preferred senior on liquidation; company may redeem; holders can force redemption upon Triggering Event.
- Vuzix creates 800,000 shares of Series B Preferred Stock via certificate of designation.

## SEC filing metadata
- accession: 0001104659-24-096029
- form_type: 8-K
- ticker: VUZI
- cik: 0001463972
- company_name: Vuzix Corp
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463972/000110465924096029/0001104659-24-096029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463972/000110465924096029/tm2423158d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-096029
- JSON: https://secwatch.observer/filing/0001104659-24-096029.json
- Plain text: https://secwatch.observer/filing/0001104659-24-096029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.