Vuzix Announces $100 Million At-The-Market Equity Offering Program

Vuzix Corporation has entered into an Open Market Sales Agreement with Jefferies LLC to establish an at-the-market (ATM) equity offering program. This agreement allows Vuzix to offer and sell shares of its common stock from time to time, at its discretion, with an aggregate offering price of up to $100 million. This new agreement replaces a previous sales agreement from February 9, 2024.

Key Details

• Agreement: Entered into an Open Market Sales Agreement with Jefferies LLC on August 14, 2026.
• Offering Size: The company may offer and sell common stock with an aggregate value of up to $100,000,000.
• Sales Agent & Commission: Jefferies LLC will act as the sales agent for a commission equal to 3.0% of the gross proceeds from any sales made under the program.
• Program Type: The sales will be conducted as "at the market offerings" pursuant to the company's effective Form S-3 registration statement (File No. 333-276997).