Vuzix Corp (VUZI) Form 424B5 — Aug 14, 2026
Vuzix Corporation filed a prospectus supplement on August 14, 2026 establishing a new at-the-market offering of up to $100,000,000 of common stock through Jefferies LLC under its $300 million shelf, replacing the prior Jefferies sales agreement dated February 9, 2024. At the August 12, 2026 close of $2.62, full use of the ATM would add roughly 38.2 million shares to the 84.4 million outstanding — an increase of about 45% — with immediate dilution of approximately $1.61 per share to new investors against historical net tangible book value of $0.32 per share. Jefferies earns a 3.0% commission, and estimated net proceeds are about $96.9 million if fully sold.
Key figures
- Gross Proceeds
- 100000000
- Offering Price
- 2.62
- Shares Offered
- 38167939
- Shares Outstanding
- 84414230
- Net loss fy2024
- 73538157
- Net loss fy2025
- 32273128
- Total shelf capacity
- 300000000
- Adjusted ntbv per share
- 1.01
- Jefferies commission pct
- 3
- Historical ntbv per share
- 0.32
- Max shares after offering
- 122582169
- Prior sales agreement date
- February 9, 2024
- Estimated offering expenses
- 124000
- Last reported sale price date
- August 12, 2026
- Accumulated deficit jun30 2026
- 414633429
- Potential share count increase
- ~45% if fully sold at $2.62 (38,167,939 new shares on 84,414,230 outstanding)
- Immediate dilution per new share
- 1.61
- Jefferies counsel fee per report
- 15000
- Jefferies counsel fee initial cap
- 75000
- Estimated net proceeds if fully sold
- 96876000
- Net loss six months ended jun30 2026
- 14700019
Price after filing
Close on the filing date to close N calendar days later (from $2.64). Historical, not a forecast.
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