Form 4: Quanta Computer Inc. Boosts Stake in Vuzix Corp. with $5 Million Preferred Stock Purchase

Quanta Computer Inc., a 10% owner and director of Vuzix Corp., has acquired an additional 189,717 shares of Series B Preferred Stock for approximately $5 million, convertible into common stock.

Summary

• Quanta Computer Inc. purchased 189,717 shares of Vuzix Corp.'s Series B Preferred Stock on June 13, 2025.
• The purchase price was $26.35 per share of Series B Preferred Stock, totaling approximately $5,000,000.55.
• Each share of Series B Preferred Stock is convertible into 10 shares of Vuzix's common stock, equating to 1,897,170 common shares upon conversion.
• This transaction represents the second closing under a securities purchase agreement dated September 3, 2024, between Vuzix Corp. and Quanta Computer Inc.
• Quanta Computer Inc. is identified as both a Director and a 10% Owner of Vuzix Corp.

Sentiment

Score: 8

Explanation: The investment by a significant shareholder and director, Quanta Computer Inc., signals strong confidence in Vuzix Corp. and provides a substantial capital infusion. This is a positive development for the company, reinforcing its strategic partnerships and financial stability.

Positives

• Significant investment by a major shareholder and director, Quanta Computer Inc., indicating continued confidence in Vuzix Corp.'s future.
• The transaction provides Vuzix Corp. with approximately $5 million in capital, strengthening its financial position.
• The investment is part of a pre-existing securities purchase agreement, suggesting a planned and structured capital infusion rather than an ad-hoc transaction.

Future Outlook

The transaction represents the second closing under a previously established securities purchase agreement, indicating a structured and ongoing investment relationship between Quanta Computer Inc. and Vuzix Corp. This suggests a continued strategic partnership and potential for future collaborations or investments.

Industry Context

This investment by a strategic partner and significant shareholder like Quanta Computer Inc. in Vuzix Corp., a company operating in the augmented reality (AR) and smart glasses sector, suggests continued confidence in the long-term potential of Vuzix's technology and market position. Such investments are common in high-growth technology sectors where strategic alliances can provide both capital and technological synergy, potentially accelerating product development and market penetration.

Related Party Transactions

• The transaction involves Quanta Computer Inc., which is identified as a Director and 10% Owner of Vuzix Corp., making it a related party transaction.

Stakeholder Impact

• **Shareholders:** The capital infusion could strengthen Vuzix's financial position, potentially supporting future growth initiatives. The investment by a major shareholder might be viewed positively, signaling confidence in the company's prospects.
• **Company (Vuzix Corp.):** Receives approximately $5 million in capital, which can be used for operations, research and development, or other strategic purposes, enhancing its liquidity and investment capacity.
• **Quanta Computer Inc.:** Increases its beneficial ownership and influence in Vuzix Corp., reinforcing its strategic partnership and potential for future collaboration in the AR/smart glasses market.

Key Dates

Keywords

Vuzix Corp, Quanta Computer Inc, SEC Form 4, Preferred Stock, Common Stock, Beneficial Ownership, Insider Transaction, Capital Raise, Investment, Convertible Securities