Vuzix receives $5M second tranche from Quanta; waveguide production targets met

Vuzix Corp

Received $5M gross proceeds from Quanta as second tranche of $20M commitment; total investment now $15M.
Issued 189,717 Series B Preferred shares at $26.35 each (convertible into 10 common shares) for the $5M.
Announced achievement of waveguide production and yield targets, boosting mass-market AI smart glass positioning.
Quanta (TWSE:2382) is a premier global ODM; partnership enhances Vuzix's waveguide manufacturing capabilities.

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