Vuzix (VUZI) Registration Filing summary

Company overview and business model

• Designs, manufactures, markets, and sells augmented reality wearable display devices, including Smart Glasses, AI-powered Smart Glasses, Waveguides, and AR technologies for enterprise, defense, industrial, medical, and commercial markets.

• Products integrate micro-display technology and advanced optics to create compact, high-resolution display engines for near-eye applications.

• Focuses on continuous product improvement and cost reduction to remain competitive amid rapid technological change in mobile display and electronics markets.

Offering details and pricing

• Registration covers resale of up to 4,199,590 shares of common stock issuable upon conversion of 419,959 shares of Series B Preferred Stock issued to Quanta Computer Inc.

• Series B Preferred Stock was sold in two tranches: 189,717 shares at $26.35 per share and 230,242 shares at $21.72 per share, each for $5,000,000.

• Each Series B Preferred share is convertible into ten shares of common stock, subject to adjustments.

• Common stock is listed on Nasdaq Capital Market under the symbol “VUZI”; last reported sale price was $3.84 per share on October 7, 2025.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of shares by the selling stockholder; all proceeds go directly to the selling stockholder.