Vuzix Corporation’s $97.5 Million Common Stock Offering

Sichenzia Ross Ference LLP represented Vuzix Corporation in the offering.

Vuzix Corporation executed a public offering of 4,768,293 shares of its common stock at a price of $20.50 per share, including 621,951 shares pursuant to the full exercise by the underwriters of their over-allotment option. The gross proceeds to the Company from the offering, were approximately $97.75 million.

BTIG, LLC acted as sole book-running manager and Craig-Hallum Capital Group, LLC acted as co-manager for the offering.

Vuzix Corporation (NASDAQ: “VUZI”) is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets.

The Sichenzia Ross Ference LLP team advising Vuzix was led by partners Gregory Sichenzia (Picture), Thomas A. Rose, Jeffrey Cahlon and law clerk Zachary Weiss.

Involved fees earner: Jeffrey Cahlon – Sichenzia Ross Ference LLP; Thomas Rose – Sichenzia Ross Ference LLP; Gregory Sichenzia – Sichenzia Ross Ference LLP;

Law Firms: Sichenzia Ross Ference LLP;

Clients: Vuzix Corp.;

Martina Bellini

Author: Martina Bellini