Company: VUZI
Filing Date: 2025-10-08
Form Type: S-3
Source: 0001104659-25-097917
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Company: Vuzix Corp
Filing Date: 2025-10-08
Form: S-3
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. After you read this summary, you should read and consider carefully the entire prospectus and the more detailed information and financial statements and related notes that are incorporated by reference into this prospectus. If you invest in our shares, you are assuming a high degree of risk.

About Us—Business Overview

We
are engaged in the design, manufacture, marketing and sale of augmented reality wearable display devices also referred to as head mounted
displays (or “HMDs”, but also known as near-eye displays), in the form of Smart Glasses, AI powered Smart Glasses, Waveguides,
and Augmented Reality (“AR”) technologies. Our wearable display devices are worn like eyeglasses or attach to a head worn
mount. These devices typically include cameras, sensors, and a computer that enable the user to view, record and interact with video
and digital content, such as computer data, the Internet, social media or entertainment applications. Our wearable display products integrate
micro-display technology with our advanced optics to produce compact high-resolution display engines, less than half an inch diagonally,
which when viewed through our Smart Glasses products create virtual images that appear comparable in size to that of a computer monitor
or a large-screen television. We design and manufacture waveguide optics and related coupling optics combined for use with compact display
engines from third parties to form a see-through display module needed for AI/AR Smart Glasses.

With
respect to our Smart Glasses and AI/AR products, we are focused on the enterprise, defense, industrial, medical and commercial markets.
All of the mobile display and mobile electronics markets in which we compete have been subject to rapid technological change over the
last decade, including the rapid adoption of tablets, larger screen sizes and display resolutions along with declining prices on mobile
phones and other computing devices, and as a result we must continue to improve our products’ performance and lower our costs.
We believe our technology, intellectual property portfolio and position in the marketplace give us a leadership position in AI/AR and
Smart Glasses products, waveguide optics, and display engine technology.

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About this Offering

On
September 3, 2024, we entered into a securities purchase agreement (the “Purchase Agreement”) with Quanta Computer Inc.
(“Quanta”), for the sale by us to Quanta of (i) $10,000,000 of our common stock, and (ii) up to $10,000,000 of
our newly created Series B Convertible