Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | VUZI | Common Stock, par value $0.001 | 7.69M | Sep 13, 2024 | Direct |
On September 3, 2024, Vuzix Corporation (the "Company") entered into a securities purchase agreement (the "Purchase Agreement") with Quanta Computer Inc. ("Quanta"), forthe sale by the Company to Quanta of $10,000,000 of the Company's common stock. Pursuant to the Purchase Agreement, on September 13, 2024, Quanta consummated thepurchase of 7,692,307 shares of the Company's common stock at a purchase price of $1.30 per share.