Exhibit 107
Calculation of Filing Fee Table
S-3
(Form Type)
VUZIX CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial Effective Date | Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward | |
| Fees to Be Paid | Equity | Common Shares, $0.001 par value per share | Rule 457(o) | (1) | (2) | (2) | - | - | - | - | - | - |
| Equity | Preferred Stock, $0.001 par value per share | Rule 457(o) | (1) | (2) | (2) | - | - | - | - | - | - | |
| Other | Warrants | Rule 457(o) | (1) | (2) | (2) | - | - | - | - | - | - | |
| Other | Units | Rule 457(o) | (1) | (2) | (2) | - | - | - | - | - | - | |
| Unallocated (Universal) Shelf | Rule 457(o) | (1) | (2) | $97,800,000(3)(4) | $0.0001476 | $14,436 | - | - | - | - | ||
| Fees Previously Paid | - | - | - | - | - | - | - | - | - | |||
| Carry Forward Securities | Equity | Common stock, par value $0.001 per share | Rule 415(a)(6) | (4) | - | - | - | S-3 | 333-252673 | February 9, 2021 | ||
| Carry Forward Securities | Equity | Preferred stock, par value $0.001 per share | Rule 415(a)(6) | (4) | S-3 | 333-252673 | February 9, 2021 | |||||
| Carry Forward Securities | Other | Warrants | Rule 415(a)(6) | (4) | S-3 | 333-252673 | February 9, 2021 | |||||
| Carry Forward Securities | Other | Units | Rule 415(a)(6) | (4) | S-3 | 333-252673 | February 9, 2021 | |||||
| Carry Forward Securities | Unallocated (Universal) shelf | Unallocated (Universal) shelf | Rule 415(a)(6) | (4) | $202,200,000(4) | S-3 | 333-252673 | February 9, 2021 | $22,060.02 | |||
| Total Offering Amounts | $300,000,000(1)(4) | $0.0001476 | $14,436 | |||||||||
| Total Fees Previously Paid | - | |||||||||||
| Total Fee Offsets | - | |||||||||||
| Net Fee Due | $14,436 | |||||||||||
| (1) | There is being registered hereunder an unspecified number of shares of (a) common shares, (b) preferred stock, (c) debt securities, (d) warrants to purchase common shares, and (e) units, consisting of some or all of these securities in any combination, as may be sold from time to time by the Registrant. Any securities registered hereunder may be sold separately or as units with other securities registered hereunder. There is also being registered hereunder an unspecified number of shares of common shares, as shall be issuable upon conversion, exchange or exercise of any securities that provide for such issuance. In no event will the aggregate offering price of all types of securities issued by the Registrant pursuant to this registration statement exceed $300,000,000. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, or the Securities Act, this registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or similar transaction. |
| (2) | The proposed maximum aggregate offering price per class of security will be determined from time to time by the Registrant in connection with the issuance by the Registrant of the securities registered hereunder and is not specified as to each class of security pursuant to Instruction 2.A.iii.b. to the Calculation of Filing Fee Tables and Related Disclosure on Item 16(b) of Form S-3 under the Securities Act. |
| (3) | Estimated solely to calculate the registration fee in accordance with Rule 457(o) under the Securities Act. The aggregate maximum offering price of all securities issued pursuant to this registration statement will not exceed $300,000,000. |
| (4) | Pursuant to Rule 415(a)(6) under the Securities Act, the securities registered pursuant to this registration statement include $202,200,000 of unsold securities (the “Unsold Securities”) previously registered pursuant to the Registration Statement on Form S-3 (File No. 333-252673), filed by the Registrant with the Securities and Exchange Commission on February 2, 2021 and declared effective on February 9, 2021 (the “Prior Registration Statement”). In connection with the filing of the Prior Registration Statement, the registrant paid a filing fee of $22,060.02 associated with the offering of the Unsold Securities (based on the filing fee rate in effect at the time of the filing of the Prior Registration Statement). The filing fee associated with the offering of the Unsold Securities is hereby carried forward to be applied to the Unsold Securities registered hereunder, and no additional filing fee is due with respect to the Unsold Securities in connection with the filing of this Registration Statement. The registrant is also registering new securities on this registration statement with an aggregate initial offering price of $97,800,000 (the “New Securities”), which aggregate offering price is not specified as to each class of securities. A filing fee of $14,436 with respect to the New Securities is being paid in connection with the filing of this registration statement. To the extent that, after the filing date hereof and prior to the effectiveness of this registration statement, the registrant sells any Unsold Securities pursuant to the Prior Registration Statement, the registrant will identify in a pre-effective amendment to this registration statement the updated number of Unsold Securities from the Prior Registration Statement to be included in this registration statement pursuant to Rule 415(a)(6) and the updated amount of new securities to be registered on this registration statement. Pursuant to Rule 415(a)(6), the offering of securities under the Prior Registration Statement will be deemed terminated as of the date of effectiveness of this registration statement. |
