[SCHEDULE 13G/A] Vuzix Corporation SEC Filing

Rhea-AI Filing Summary

Quanta Computer Inc. reports beneficial ownership of 9,589,477 shares of Vuzix common stock, representing 12.3% of the outstanding class. This total consists of 7,692,307 shares of common stock plus 1,897,170 shares that are convertible from 189,717 Series B Preferred Stock held by Quanta, with a stated conversion ratio of ten common shares per Series B share. The filing notes the Series B Preferred Stock generally does not carry voting rights except for limited matters requiring the consent of holders of two-thirds of the Series B, and Quanta certifies the stake was not acquired to change or influence control of the issuer.

Positive

• Material disclosed stake: Quanta beneficially owns 9,589,477 shares (12.3%) of Vuzix, a clearly reported, material position.
• Transparency on conversion: Filing specifies 1,897,170 shares are convertible from 189,717 Series B Preferred at a 10:1 ratio.
• Sole voting/dispositive power: Quanta reports sole voting and dispositive power over the shares reported.

Negative

• Limited voting from preferred: Series B Preferred Stock does not entitle holders to voting rights except for certain high-consent actions.
• No stated intent to influence control: Quanta certifies the shares were not acquired to change or influence control, limiting expectations of activist governance.
• Potential dilution complexity: The convertible preferred increases reported ownership but the practical voting impact is constrained by preferred terms.

Insights

Financial Analyst

TL;DR: Quanta holds a material 12.3% economic stake in Vuzix, including convertible preferred that increases potential common share exposure.

The filing discloses a significant passive ownership position by Quanta of 9,589,477 shares (12.3%). The reported amount explicitly includes 1,897,170 shares issuable upon conversion of Series B Preferred Stock at a 10:1 ratio, which the filer and issuer used in the denominator when calculating percent ownership. The filer states it has sole voting and dispositive power over the reported shares and affirms the position was not taken to influence control. For investors, the inclusion of convertible preferred clarifies potential future common share interest but the Series B’s limited voting rights constrain immediate governance impact.

Corporate Governance Expert

TL;DR: Ownership is material but governance influence appears limited because Series B shares lack ordinary voting rights except in narrow circumstances.

The statement shows Quanta exercises sole voting and dispositive power over the reported shares of Vuzix. However, the Series B Preferred Stock convertible into common does not carry routine voting rights, except for certain actions requiring consent of two-thirds of Series B holders. The filing also contains a certification that the stake was not acquired to change control, which signals a non-hostile, passive posture. This combination—material economic exposure with restricted voting rights—creates a notable but not unequivocally controlling position from a governance standpoint.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Vuzix Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

92921W300

(CUSIP Number)

06/13/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 92921W300

1

Names of Reporting Persons

Quanta Computer Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

TAIWAN, PROVINCE OF CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,589,477.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,589,477.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,589,477.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.3 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Note to Rows 5, 7 and 9: The 9,589,477 shares beneficially owned with sole voting power and sole dispositive power include (i) 7,692,307 common stock and (ii) 1,897,170 common stock convertible from 189,717 Series B Preferred Stock issued to the Reporting Person. Each share of Series B Preferred Stock is convertible, at the option of the holder, into ten shares of common stock, subject to adjustment for stock splits, stock dividends, and similar transactions. The Series B Preferred Stock does not entitle the holders to voting rights, except with respect to certain actions which will require the consent of the holders of 66 2/3% of the outstanding shares of Series B Preferred Stock, or as required by law. Note to Row 11: The total number of outstanding common stock used to calculate the percent of class is 78,139,585, being the sum of (i) 76,242,415 shares of common stock outstanding as of May 12, 2025 as reported in the Form 10-Q filed by the Issuer to the U.S. Securities and Exchange Commission on May 12, 2025; and (ii) 1,897,170 common stock convertible from 189,717 Series B Preferred Stock issued to the Reporting Person.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vuzix Corporation
(b)	Address of issuer's principal executive offices: 25 Hendrix Road Suite A West Henrietta NY 14586
Item 2.
(a)	Name of person filing: Quanta Computer Inc.
(b)	Address or principal business office or, if none, residence: The address of the principal office of Quanta Computer Inc. is No. 211, Wen Hwa 2nd Rd., Kuei Shan, Tao Yuan 33377, Taiwan, Republic of China.
(c)	Citizenship: F5
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 92921W300
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.
(b)	Percent of class: The information required by Item 4(b) is set forth in Row 11 of the cover page for the Reporting Person and is incorporated herein by reference.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information set forth in rows 5-11 (including the footnotes thereto) on the cover page to this Statement with respect to the Reporting Person is hereby incorporated by reference herein.
	(ii) Shared power to vote or to direct the vote: The information set forth in rows 5-11 (including the footnotes thereto) on the cover page to this Statement with respect to the Reporting Person is hereby incorporated by reference herein.
	(iii) Sole power to dispose or to direct the disposition of: The information set forth in rows 5-11 (including the footnotes thereto) on the cover page to this Statement with respect to the Reporting Person is hereby incorporated by reference herein.
	(iv) Shared power to dispose or to direct the disposition of: The information set forth in rows 5-11 (including the footnotes thereto) on the cover page to this Statement with respect to the Reporting Person is hereby incorporated by reference herein.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Quanta Computer Inc.

Signature:	/s/ C. C. Leung
Name/Title:	C. C. Leung / Vice Chairman
Date:	08/14/2025

FAQ

How many Vuzix (VUZI) shares does Quanta Computer report owning?

Quanta reports beneficial ownership of 9,589,477 shares of Vuzix common stock.

What percentage of Vuzix (VUZI) does Quanta own according to the filing?

The filing states Quanta beneficially owns 12.3% of Vuzix's outstanding common stock.

How many shares are from convertible Series B Preferred in Quanta’s VUZI position?

The position includes 1,897,170 shares that are convertible from 189,717 Series B Preferred at a 10-for-1 conversion ratio.

Does the Series B Preferred held by Quanta carry voting rights over Vuzix (VUZI)?

No routine voting rights are attached to the Series B Preferred; holders vote only on certain matters requiring the consent of 66 2/3% of Series B holders.

Did Quanta state an intent to influence control of Vuzix (VUZI)?

Quanta certified that the securities were not acquired to change or influence control of the issuer.