Vuzix Corporation (VUZI)

[Good Timer]

It isn't easy to find in the prospectus, but it looks like they are trying to raise about $300 million. This would add about 13 to 14 million shares if they sell at $23, or 15 million shares if sold at $20 each. The current shares outstanding isn't too high at 57.9 million.

I think this is good. I think they need to greatly ramp up production due to the huge demand for their product.

The prospectus says they expect the sale to complete this month.

https://ir.vuzix.com/sec-filings/all-sec-filings/content/0001104659-21-041506/0001104659-21-041506.pdf