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Vuzix Corp (VUZI.OQ)

VUZI.OQ on NASDAQ Stock Exchange Capital Market

6.19USD
19 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Vuzix To Pay $1.5 Mln To Six15 In Three Installments Over Next Six Months
Wednesday, 10 Oct 2018 09:15am EDT 

Oct 10 (Reuters) - Vuzix Corp ::PRESS RELEASE - VUZIX AMENDS NON-COMPETE AGREEMENT ENABLING IT TO SELL PRODUCTS TO FIRST RESPONDERS, SECURITY ORGANIZATIONS AND THIRD-PARTY DEFENSE SUPPLIERS AND TO MILITARY ORGANIZATIONS.VUZIX CORP - VUZIX WILL PAY A TOTAL OF $1.5 MILLION TO SIX15 IN THREE INSTALLMENTS OVER NEXT SIX MONTHS.VUZIX CORP - VUZIX WILL ALSO PAY COMMISSIONS AT VARIOUS RATES FOR ANY SALES INTO RE-OPENED MARKETS.  Full Article

Vuzix Announces $30 Million Above Market Intra-Day Registered Direct Offering
Wednesday, 24 Jan 2018 06:15pm EST 

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 09:19am EST 

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 09:11am EST 

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 05:13pm EST 

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 05:05pm EDT 

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 08:37am EDT 

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 10:47am EDT 

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 03:56pm EDT 

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 04:47pm EDT 

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

BRIEF-Vuzix Corp Reports Qtrly Revenue Of $1.5 Mln

* VUZIX CORP - QTRLY REVENUE WAS $1.5 MILLION, AN INCREASE OF 28% COMPARED TO $1.2 MILLION FOR Q1 OF 2017