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Sichenzia Ross Ference LLP Represents Vuzix in $15.5 Million Registered Direct Offering

Vuzix Corporation

Press Release – New York, New York – September 10, 2020 – Sichenzia Ross Ference LLP announced today that it represented Vuzix Corporation (NASDAQ: VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, in a registered direct offering of 3,647,060 shares of its common stock and 6 month common stock purchase warrants. The common stock was sold at a price of $4.25 per share and the warrants have an exercise price of $5.25 per share. The gross proceeds from the offering will be approximately $15,500,000. 

The Sichenzia Ross Ference LLP team was led by Partner Gregory Sichenzia, Counsel Jeffrey Cahlon, and Associate Jacob Tabman.