Quanta invests in Vuzix (NASDAQ: VUZI) through Series B preferred stock

Rhea-AI Filing Summary

Vuzix Corporation completed the third and final tranche of a private stock sale to Quanta Computer Inc., issuing 230,242 shares of its Series B Preferred Stock at a price of $21.716 per share. Each preferred share is convertible into 10 shares of common stock, giving Quanta a significant potential equity position if converted. The transaction was executed under a previously disclosed securities purchase agreement dated September 3, 2024 and was conducted as an unregistered offering relying on the Section 4(a)(2) exemption for transactions not involving a public offering.

Insights

Equity Capital Markets Analyst

Vuzix closes final preferred stock tranche with strategic investor Quanta.

Vuzix Corporation has completed the third and final tranche of its securities purchase agreement with Quanta Computer Inc., issuing 230,242 shares of Series B Preferred Stock at $21.716 per share. This adds new equity capital from a single institutional counterparty rather than through a public equity raise.

Each Series B share is convertible into 10 common shares, so this tranche represents a meaningful pool of potential future common equity if Quanta chooses to convert. Because the transaction is tied to a previously disclosed agreement dated September 3, 2024, it follows an established capital plan rather than a sudden change in strategy.

The use of the Section 4(a)(2) exemption indicates a privately negotiated deal rather than a public offering, which can reduce transaction complexity but concentrates issuance with Quanta. Subsequent company filings may clarify if and when any conversions occur and how this preferred stock interacts with existing capital structure terms.

8-K Event Classification

Item 3.02 — Unregistered Sales of Equity Securities

1 item

Item 3.02 Unregistered Sales of Equity Securities Securities

The company sold equity securities in a private placement or other unregistered transaction.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) September 19, 2025

VUZIX CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or Other Jurisdiction of Incorporation)

001-35955	04-3392453
(Commission File Number)	(IRS Employer Identification No.)

25 Hendrix Road, Suite A

West Henrietta, New York 14586

(Address of principal executive offices)(Zipcode)

(585) 359-5900

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001		VUZI		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 3.02 Unregistered Sales of Equity Securities.

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.

In connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 23, 2025	VUZIX CORPORATION
	By:	/s/ Grant Russell
		Grant Russell
		Chief Financial Officer

FAQ

What equity transaction did Vuzix (VUZI) report with Quanta Computer Inc.?

Vuzix reported that it completed the third and final tranche under a previously disclosed securities purchase agreement with Quanta Computer Inc., selling 230,242 shares of Series B Preferred Stock.

How many Vuzix Series B Preferred shares were sold in the final tranche and at what price?

Vuzix sold 230,242 shares of its Series B Preferred Stock to Quanta at a purchase price of $21.716 per share.

How is VuzixBCs Series B Preferred Stock convertible into common stock?

Each share of Vuzix Series B Preferred Stock sold to Quanta is convertible into 10 shares of common stock, giving Quanta a sizable potential common equity position upon conversion.

Was VuzixBCs sale of Series B Preferred Stock to Quanta a registered public offering?

No. Vuzix relied on the Section 4(a)(2) exemption under the Securities Act of 1933, meaning the transaction was an unregistered private offering not involving a public offering.

What is the background of the agreement between Vuzix (VUZI) and Quanta?

The transaction completed a third and final tranche under a securities purchase agreement dated September 3, 2024 between Vuzix and Quanta Computer Inc.

Which SEC item does this Vuzix 8-K filing relate to?

The filing is reported under Item 3.02 Unregistered Sales of Equity Securities, reflecting the private sale of Series B Preferred Stock to Quanta.