ROCHESTER, N.Y., March 27,
2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:
VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart
glasses and Augmented Reality (AR) technology and products, today
announced that due to the expanded nature of the audit for 2023
regarding certain transactions and time required to complete it,
the Company plans to file a Form 12b-25, Notification of Late
Filing, with the U.S. Securities and Exchange Commission that
allows for a 15-day grace period for the filing of its Form 10-K.
The Company believes that all required audit procedures will be
completed in time so that it may file its Form 10-K within the
15-day grace period.
In light of the ongoing audit procedures and the filing status
of the 10-K, the Company will not host an earnings call in
connection with these results, and the event previously scheduled
for March 28, 2024 at 4:30 PM ET has been cancelled. Management will
continue to make timely disclosures of any material information
regarding the filing of its Annual Report on Form 10-K and will
announce a new earnings call date and time within the 15 day grace
period.
About Vuzix Corporation
Vuzix is a leading designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted smart personal display and
wearable computing devices that offer users a portable high-quality
viewing experience, provide solutions for mobility, wearable
displays and augmented reality, as well OEM waveguide optical
components and display engines. Vuzix holds more than 350 patents
and patents pending and numerous IP licenses in the fields of
optics, head-mounted displays, and augmented reality Video Eyewear
field. Moviynt, an SAP Certified ERP SaaS logistics solution
provider, is a Vuzix wholly owned subsidiary. The Company has won
Consumer Electronics Show (or CES) awards for innovation for the
years 2005 to 2024 and several wireless technology innovation
awards among others. Founded in 1997, Vuzix is a public company
(NASDAQ: VUZI) with offices in: Rochester, NY; Munich, Germany; and Kyoto and Tokyo, Japan. For more information,
visit the Vuzix website, Twitter and Facebook pages.
Media and Investor Relations Contact:
Ed McGregor, Director of Investor
Relations
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation