Vuzix (VUZI) investor group led by AIGH discloses 6.7M-share stake
Rhea-AI Filing Summary
Vuzix Corporation has a large shareholder group led by AIGH Capital Management LLC and related entities reporting ownership of its common stock. The reporting persons, including AIGH Investment Partners LLC and Orin Hirschman, collectively report beneficial ownership of 6,745,667 shares of Vuzix common stock, representing 8.1% of the class.
They report sole voting power and sole dispositive power over all 6,745,667 shares, with no shared voting or dispositive power. Orin Hirschman is managing member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, and the firms and Hirschman are jointly filing as "Reporting Persons" under Schedule 13G.
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Key Figures
Beneficial Ownership: 6,745,667 shares
Percent of Class: 8.1%
Sole Voting Power: 6,745,667 shares
+3 more
6 metrics
Beneficial Ownership
6,745,667 shares
Shares of Vuzix common stock beneficially owned by the reporting persons
Percent of Class
8.1%
Portion of Vuzix common stock class beneficially owned
Sole Voting Power
6,745,667 shares
Shares over which the reporting persons have sole power to vote
Shared Voting Power
0 shares
Shares over which the reporting persons have shared power to vote
Sole Dispositive Power
6,745,667 shares
Shares over which the reporting persons have sole dispositive power
Shared Dispositive Power
0 shares
Shares over which the reporting persons have shared dispositive power
Key Terms
beneficially owned, Sole Voting Power, dispositive power, Rule 13d-1, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 6,745,667"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 6,745,667.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 6,745,667.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Rule 13d-1 regulatory
"jointly filed by each of the following persons pursuant to Rule 13d-1"
Schedule 13G regulatory
"Reporting Persons are hereinafter sometimes collectively referred to as the "Reporting Persons.""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of VUZI common stock is owned by the AIGH reporting group?
The AIGH reporting group reports beneficial ownership of 8.1% of Vuzix Corporation’s common stock. This corresponds to 6,745,667 shares over which they have sole voting and sole dispositive power, with no shared power reported.
Who are the reporting persons in this VUZI Schedule 13G filing?
The reporting persons are AIGH Capital Management LLC, AIGH Investment Partners LLC, and Orin Hirschman. Hirschman is managing member of AIGH Capital Management LLC and president of AIGH Investment Partners LLC, and they jointly report their ownership position.
What type of filer is Orin Hirschman in relation to VUZI?
Orin Hirschman is identified with the filer type code HC (holding company/individual control). He reports beneficial ownership through AIGH Capital Management LLC, AIGH Investment Partners LLC, and shares held by himself and his family.
What class of VUZI securities is covered in this Schedule 13G?
The filing covers Common Stock, par value $0.001, of Vuzix Corporation. The CUSIP for this security is 92921W300, and all reported ownership figures relate specifically to this class of common stock.