Vuzix launches USD 100 million at-the-market equity offering program via Jefferies
VUZI•At-the-market equity program
Vuzix set up a new at-the-market equity program with Jefferies to sell common shares from time to time.
- Program size set at up to USD 100 million in aggregate offering price under an effective Form S-3 registration.
- Jefferies will act as sales agent, using commercially reasonable efforts, with a 3% commission on gross proceeds.
- The agreement replaces the prior Jefferies sales agreement dated Feb. 9, 2024; no sales will occur under the prior program.
