Quanta Computer (VUZI holder) reports 14.8% beneficial stake in Vuzix
Rhea-AI Filing Summary
Quanta Computer Inc. has reported a significant passive stake in Vuzix Corp common stock. Quanta beneficially owns 11,891,897 shares, representing 14.8% of Vuzix’s common stock, based on 80,325,113 shares outstanding as of October 8, 2025, cited from a Vuzix prospectus.
The position consists of 7,692,307 common shares and 4,199,590 common shares issuable upon conversion of 419,959 shares of Series B Preferred Stock, which is convertible into ten common shares per preferred share, subject to customary adjustments. The Series B Preferred Stock generally does not carry voting rights, except for limited matters requiring consent of 66 2/3% of its outstanding shares or as required by law.
Quanta states it holds these securities with sole voting and dispositive power and certifies that they were not acquired, and are not held, for the purpose of changing or influencing control of Vuzix, but instead are reported on a passive Schedule 13G/A basis.
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Insights
Large passive holder reports a 14.8% stake in Vuzix.
Quanta Computer Inc. discloses beneficial ownership of 11,891,897 Vuzix common shares, or
The stake combines 7,692,307 common shares with 4,199,590 common shares underlying 419,959 Series B Preferred shares, each convertible into ten common shares. The preferred stock generally lacks voting rights except for specified actions requiring consent of
Quanta certifies the holdings were not acquired to change or influence control, aligning this with a passive investment reported on Schedule 13G/A. Future company filings may clarify any changes in this ownership level or in the terms or status of the preferred shares.