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Vuzix Corp (VUZI.OQ)

VUZI.OQ on NASDAQ Stock Exchange Capital Market

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25 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Vuzix Announces $30 Million Above Market Intra-Day Registered Direct Offering
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Vuzix Corp ::VUZIX ANNOUNCES $30,000,000 ABOVE MARKET INTRA-DAY REGISTERED DIRECT OFFERING.VUZIX CORP - ANNOUNCED AGREEMENTS FOR SALE OF 3 MILLION SHARES AT $10.00/SHARE WITH 1 YEAR WARRANTS TO BUY 1.2 MILLION SHARES AT $10.00 PER SHARE.  Full Article

Vuzix Announces $12,500,000 Registered Direct Offering
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Vuzix Corp ::VUZIX ANNOUNCES $12,500,000 REGISTERED DIRECT OFFERING.VUZIX CORP- ENTRY INTO AGREEMENTS RELATING TO SALE OF 2.1 MILLION SHARES OF COMMON STOCK AT AN OFFERING PRICE OF $6.05 PER SHARE.VUZIX CORP - INTENDS TO USE NET PROCEEDS FROM OFFERING ALSO FOR EXPANDING PRODUCT OFFERING AND COMMERCIAL LAUNCH OF ITS BLADE SMART GLASSES.  Full Article

Vuzix enters into supply agreement with Toshiba Information Equipment Co
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Toshiba Corp <6502.T>::VUZIX CORP - ‍ON DEC 6, CO ENTERED INTO SUPPLY AGREEMENT WITH TOSHIBA INFORMATION EQUIPMENT CO LTD​.VUZIX CORP - CO EXPECTS PRODUCTION UNDER SUPPLY AGREEMENT TO COMMENCE IN Q1 OF 2018.VUZIX - AGREED TO SELL PRODUCT EXCLUSIVELY TO TOSHIBA FOR UP TO 12 MONTHS, SUBJECT TO TOSHIBA'S SUBMITTING MINIMUM OF $5 MILLION OF PURCHASE ORDERS.VUZIX CORP - SUPPLY AGREEMENT HAS A THREE YEAR TERM, SUBJECT TO EARLIER TERMINATION UNDER CERTAIN CONDITIONS SET FORTH THEREIN.VUZIX CORP SAYS PURSUANT TO AGREEMENT, CO WILL SELL TO TOSHIBA AND ITS AFFILIATES COMPANY'S SMART GLASSES PRODUCT.VUZIX - ‍UNDER AGREEMENT, PRODUCT TO BE CO-BRANDED AS TOSHIBA PRODUCT, POWERED BY VUZIX.VUZIX CORP - ‍UNDER AGREEMENT, PRODUCT IS EXPECTED TO BE SOLD ON A GLOBAL BASIS BY TOSHIBA BY THEIR TOSHIBA CLIENT SOLUTIONS GROUP​.  Full Article

Vuzix Corp posts Q3 loss per share ‍$0.28​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Vuzix Corp :Vuzix provides business update and reports its third quarter 2017 financial results.Q3 revenue rose 141 percent to $1.405 million.Vuzix Corp - qtrly loss per share ‍$0.28​.  Full Article

Intel reports 18.3 pct stake in Vuzix as of August 14, 2017
Friday, 18 Aug 2017 

Aug 18 (Reuters) - Intel Corp :Intel Corporation reports 18.3 percent stake in Vuzix Corp as of August 14, 2017 - SEC filing‍​.Intel Corp had previously reported 20.2 percent stake in Vuzix Corp ​as on December 2, 2016 - SEC filing.  Full Article

Vuzix announces $8.6 mln common stock offering
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Vuzix Corp :Vuzix announces $8,625,000 common stock offering.Vuzix Corp ‍announced entry into agreements relating to sale of 1.5 million shares of its common stock at $5.75 per share​.Says ‍gross proceeds from offering will be $8.6 million.  Full Article

Vuzix Corp says on track to realize approximately a 33 percent reduction in M300 product's cost
Tuesday, 18 Jul 2017 

July 18 (Reuters) - Vuzix Corp ::Vuzix corp completes transition to higher volume manufacturing facilities.Says with completion of M300 production transition off-shore, co is now on track to also realize approximately a 33 percent reduction in product's cost.Says co expects further yield increases as production levels ramp over second half of 2017 and net costs decreasing even further.  Full Article

Orin Hirschman reports 5.1 pct passive stake in Vuzix Corp as on May 10
Thursday, 11 May 2017 

May 11 (Reuters) - Orin Hirschman::Orin Hirschman reports 5.1 percent passive stake in Vuzix Corp as on May 10, 2017 - Sec Filing.  Full Article

Vuzix reports Q1 revenue $1.21 million
Wednesday, 10 May 2017 

May 10 (Reuters) - Vuzix Corp :Vuzix provides business update and reports first quarter 2017 financial results.Q1 loss per share $0.23.Q1 revenue $1.21 million versus I/B/E/S view $1.2 million.Q1 earnings per share view $-0.22 -- Thomson Reuters I/B/E/S.  Full Article

Vuzix Q4 total revenues $620,112 vs $542,638 in 2015
Friday, 17 Mar 2017 

Vuzix Corp : Vuzix provides business update and reports full year and fourth quarter 2016 financial results . Q4 revenue $620,100 versus $542,600 . Q4 revenue view $1.5 million -- Thomson Reuters I/B/E/S .Vuzix corp -total revenues for q4 ended december 31, 2016 were $620,112, compared to $542,638 for same period in 2015.  Full Article

BRIEF-Vuzix Files Defamation Lawsuit Against Short Seller Ricardo Antonio Pearson

* HAS FILED A DEFAMATION LAWSUIT AGAINST RICARDO ANTONIO PEARSON IN SUPREME COURT OF STATE OF NEW YORK, COUNTY OF NEW YORK