Vuzix closes final $5M tranche of Series B Preferred stock sale to Quanta

Vuzix Corp

Sold 230,242 shares of Series B Preferred at $21.716/sh; each convertible into 10 common shares.
Implied conversion price of ~$2.17 per common share.
Third and final tranche under securities purchase agreement dated September 3, 2024.
Issuance was exempt from registration under Section 4(a)(2) of the Securities Act.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Vuzix Corp issued 230,242 shares of the Company’s Series B Preferred Stock of preferred stock to Quanta Computer Inc. for purchase price of $21.716 per share.

Security: preferred stock
Shares: 230,242 shares of the Company’s Series B Preferred Stock
Purchaser: Quanta Computer Inc.
Consideration: purchase price of $21.716 per share

Exact text from the filing

On September 19, 2025, Vuzix Corporation (the “Company”) completed the closing of the third and final tranche under the Company’s previously disclosed securities purchase agreement, dated September 3, 2024, with Quanta Computer Inc. (“Quanta”). Pursuant to this closing, the Company sold to Quanta 230,242 shares of the Company’s Series B Preferred Stock (each convertible into 10 shares of common stock) at a purchase price of $21.716 per share.

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Source: SEC EDGAR

accession 0001104659-25-092345

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