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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Vuzix (VUZI) Receives $5 Million Investment from Quanta, Achieves Waveguide Production Targets

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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75% Informative

Vuzix Corporation (NASDAQ: VUZI ) is a New York -based technology company.

It designs and sells smart glasses and augmented reality (AR) products.

The company received a $5 million second tranche investment from Quanta Computer .

The investment was made in the form of a convertible note with a conversion price of $ 8.00 per share.

VR Score

65

Informative language

57

Neutral language

67

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

no affiliate links