Form 8-K Vuzix Corp For: Nov 10
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Vuzix Corp. (VUZI) Plans to Hold Conf. Call Today Regarding Intel-Related Developments
November 17, 2016 7:00 AM ESTVuzix Corporation (NASDAQ: VUZI), a leading supplier of Smart Glasses, Augmented Reality (AR) and Virtual Reality (VR) technologies and products for the consumer and enterprise markets, announced that the Company has scheduled a conference call for today, Thursday, November 17, 2016, at 9:00 AM Eastern Time (ET) to... More
Vuzix Corp. (VUZI) Says Intel (INTC) No Longer Plans to Pursue Strategic Relationship
November 16, 2016 5:22 PM ESTVuzix Corp. (NASDAQ: VUZI) disclosed the following in a U.S. SEC filing on Wednesday night:
Item 8.01 Other Events.
On January 2, 2015 (the Closing Date), Vuzix Corporation (the Company or Vuzix), and Intel Corporation (Intel) entered into an agreement pursuant to which the company sold to Intel shares of Series A Preferred Stock for an aggregate purchase price of $24,813,000 (the Stock Purchase Agreement). Such shares are convertible into 4,962,600 shares of the Companys common Stock at... More
