Sec Form 13G Filing - Quanta Computer Inc. filing for VUZIX CORPORATION (VUZI) - 2024-09-23

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

 

Vuzix Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
92921W300
(CUSIP Number)
 
September 13, 2024
(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 92921W300

 

1.

NAMES OF REPORTING PERSONS 

Quanta Computer Inc. 

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
    (b)
3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION 

Republic of China 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5.

SOLE VOTING POWER

7,692,307

6.

SHARED VOTING POWER

0

7.

SOLE DISPOSITIVE POWER

7,692,307

8.

SHARED DISPOSITIVE POWER

0

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,692,307 (See Item 4)

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  
11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

10.4% (See Item 4)

12.

TYPE OF REPORTING PERSON

CO

 

 

 

Item 1(a). Name of Issuer:
   
  Vuzix Corporation
   
Item 1(b). Address of Issuer’s Principal Executive Offices:
   
  25 Hendrix Road, Suite A
West Henrietta, NY 14586
   
Item 2(a). Name of Reporting Persons:
   
  Quanta Computer Inc.
   
Item 2(b). Address of Principal Business Office or, if None, Residence:
   
  The address of the principal office of Quanta Computer Inc. is No. 211, Wen Hwa 2nd Rd., Kuei Shan, Tao Yuan 33377, Taiwan, Republic of China.
   
Item 2(c). Citizenship:
   
  Quanta Computer Inc. is incorporated under the laws of the Republic of China.
   
Item 2(d). Title of Class of Securities:
   
  Common Stock
   
Item 2(e). CUSIP Number:
   
  92921W300
   
Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
       
  (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
       
  (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
       
  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
       
  (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
       
  (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

Item 4. Ownership.
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of issuer identified in Item 1.
     
  (a) The information required by Items 4(a) is set forth in Row 9 of the cover page and is incorporated herein by reference.
     
  (b) The total number of outstanding Common Stock used to calculate the percent of class is 73,657,738, being the sum of (i) 65,965,431 shares of Common Stock outstanding as of September 3, 2024 as disclosed in Exhibit 10.1 to the Issuer’s current report on Form 8-K dated September 3, 2024; and (ii) 7,692,307 shares held of record by Quanta Computer Inc.
     
  (c) The information required by Items 4(c) is set forth in Rows 5-8 of the cover page and is incorporated herein by reference.
     

Item 5. Ownership of Five Percent or Less of a Class.
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.  ☐
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
  Not applicable.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
   
  Not applicable.
   
Item 8. Identification and Classification of Members of the Group.
   
  Not applicable.
   
Item 9. Notice of Dissolution of Group.
   
  Not applicable.
   
Item 10. Certifications.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: September 23, 2024

 

  Quanta Computer Inc.
   
  By:  /s/ C. C. Leung
    Name: C. C. Leung
    Title: Vice Chairman