INVEST IN INNOVATIVE EYEWEAR, INC. TODAY!
Launching Bluetooth prescription glasses that match the fit and finish of designer eyewear, costing the same as regular glasses to enable mass market adoption. Strong intellectual property position with exclusive rights to 21 total pending patents, including four utility patents and 17 design patents.
Developing a breakthrough new app called Vyrb which will enable voice posting to social media platforms such as Twitter and Facebook with the glasses.
Strong intellectual property position with exclusive rights to 24 total pending and granted patents, including three utility patents and 21 design patents.
Due to the oversubscribed status of our first campaign, we have launched a new campaign at www.startengine.com/lucyd. New investments can be made on that page.
He is employed to grow the Lucyd brand full-time, but also runs a web development consultancy. He spends about 35 hours per week on Innovative Eyewear.
Roughly half of his time is spent on Innovative Eyewear, and the rest on Tekcapital and Salarius. This would be about 20 hours per week.
Calvin Peters
Ecommerce, Content & Social Growth Manager
His strategy is laser-focused on increasing positive brand sentiment, owning media narratives and overall SOV through PR, Marketing and Digital leadership expanding into the fashion and retail industries for brands such as Lugz Footwear & Apparel and Southpole. He works full time at Innovative Eyewear, 40+ hours per week.
Jhanak Karki, MBA
Community Manager
Clifford Gross, Ph.D., MBA
Ergonomics Advisor
Dr. Gross is a frequent contributor to the company, offering technology guidance and commercialization support on a daily basis. He spends roughly 10 hours a week on Innovative Eyewear.
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Innovative Eyewear, Inc. |
Corporate Address | : | 66 W Flagler St. Suite 900, Miami, FL 33130 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $100.00 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 10,000 |
Maximum Number of Shares Offered | : | 1,070,000 |
Price per Share | : | $1.00 |
Pre-Money Valuation | : | $3,750,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
COVID Relief
This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary COVID-19 regulatory relief set out in Regulation Crowdfunding §227.201(z).
Expedited closing sooner than 21 days.
Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).
Perks* and Investment Incentives
All Investors Club:
Access to exclusive investor group on Whatsapp.
Ongoing 10% discount on Lucyd frames and lenses through December 31st, 2021.
Affiliate program Legend Membership. Share Lucyd with your network and receive a boosted 15% cash bonus when they purchase Lucyd eyewear.
Early Bird
These discounts are in addition to the volume tiers.
First 48 hours - Friends and Family Early Birds | 15% bonus shares
Next 7 days - Early Bird Bonus | 10% bonus shares
Volume
$500 (Free pair of Lucyd Lyte Bluetooth designer glasses)
$5,000+ (Lucyd Lyte + 10% bonus shares)
$20,000+ (Lucyd Lyte + 15% bonus shares)
$50,000+ (Two pairs of Lucyd Lyte + free entry into any new beta smartglass programs + 25% bonus shares + preferred access to team management)
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Innovative Eyewear, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $1 / share, you will receive 110 shares of common stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
12.27.22
Thanks for following our mission to upgrade the world's eyewear! In addition to many exciting developments surrounding our products and retail partnerships, 2022 was the year we took Innovative Eyewear public on the Nasdaq. For a full recap of the year's events, and some new innovations to look forward to in 2023, read the release here.
Have a wonderful new year, and thank you again to everyone who supported us in our mission to build a better pair of smartglasses. We are confident in our company's future, especially with such an amazing community behind us.
Best wishes,
InnoEye Team
12.05.22
Dear InnoEye community,Thank you for participating in our crowdfund and following our mission to upgrade the world's eyewear. As a special thank you to our community, we are offering all Lucyd Eyewear for $50 off retail for the holidays at Lucyd.co. It's a great opportunity to pick up a couple units of your favorite smart eyewear for friends and family - Lucyd Lyte truly makes a unique and awe-inspiring gift for all ages! Best of all, our crowdfund community gets an extra little discount with your INVESTOR10 discount code, on top of this incredible holiday offer. With this pricing break and the investor discount code, you can get:
-Standard sunglass Lucyd Lyte for $90.
-Prescription pairs starting under $130.
-Progressive bifocal pairs starting under $210.
-Transitions® pairs starting under $210.
In addition, we want to inform our community that the lockup period for the second crowdfund running in mid-2021 at startengine.com/lucyd is over and the shares are now transferable, with the Nasdaq ticker: LUCY. You will need to follow the below instructions to transfer your shares into brokerage via the DRS or DWAC transfer process. Shares can be transferred into most brokerage accounts including Etrade, Fidelity and Wilson-Davis. Once there, you can transfer again if you wish to stock apps like Robinhood. To transfer to Robinhood, the process is called an ACAT transfer, we have verified that both Etrade and Wilson-Davis can perform this transfer into Robinhood once they have your shares via the DRS or DWAC process.
Here's how to transfer your shares into a trading account via VStockTransfer, our registered transfer agent.
To transfer your shares into a brokerage account under the same name you used to join the crowdfund, follow these steps:
1. Fill out the DRS form to provide our transfer agent with critical information about the destination account. The CUSIP number for Innovative Eyewear is 45791D109. If you have not been provided your Vstock account number, one has been created for you and you can retrieve it by emailing info@vstocktransfer.com or calling Vstock at 212.828.8436.
2. Fill out the credit card authorization form to authorize your card to be charged for $120 for the DRS transfer process. This fee facilitates the transfer of your shares into a brokerage account.
3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.
If the destination brokerage account is under a different name than the name you used to join the crowdfund, follow these steps instead:
1. Fill out the DWAC form to provide our transfer agent with critical information about the destination account. The CUSIP number for Innovative Eyewear is 45791D109. If you have not been provided your Vstock account number, one has been created for you and you can retrieve it by emailing info@vstocktransfer.com or calling Vstock at 212.828.8436.
2. Fill out the credit card authorization form to authorize your card to be charged for $115 for the DWAC transfer process. This fee facilitates the transfer of your shares into a brokerage account.
3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.
In addition to crowdfund shares becoming tradable, you can also increase your position by purchasing additional shares of LUCY at this time, wherever you currently buy Nasdaq stocks.
We are looking forward to many exciting new frames coming in 2023, and we are thrilled to continue pioneering smart eyewear innovations. Thank you and have a wonderful Thanksgiving!
Best wishes always,
InnoEye Team
10.07.22
To our dear community,
Thank you for all of the support you have given us. We are pleased to announce that we have acquired a multi-year, exclusive, worldwide license to the Nautica brand for smart eyewear. We plan to start offering Nautica-branded smart frames in the coming months. Read the release here.
We are excited to be working on a unique line of Nautica frames with our cutting-edge Bluetooth technology. The Nautica frames will bear a "powered by Lucyd" marque to ensure that we build awareness of the Lucyd brand, while simultaneously leveraging the well-known Nautica marque to enhance consumer adoption of our frames.
Thanks for reading and stay tuned for the next update!
Best,
InnoEye Team
09.13.22
To our dear community, thank you for supporting us over the years. We have a lot of exciting new styles in the works, and we want to hear from you which you like the best! This will help us design our frames to better meet the needs and preferences of our amazing community.
Please go to the survey here and let us know your thoughts, it only takes a minute!
All the best,
InnoEye Team
08.22.22
Hello InnoEye community,
We have become aware that you will need two additional pieces of information to complete the stock transfer forms as described in the previous update.
The CUSIP number is 45791D109 for Innovative Eyewear.
Your Vstock account number was automatically created for all investors when the shares were transferred to Vstock for management, if they did not provide this to you by email, please contact 0-K@vstocktransfer.com to retrieve it.
Thank you,
InnoEye Team
08.19.22
To our dear community,
Thank you for your support. With your help we have successfully brought the company public and are now trading on the Nasdaq under ticker LUCY. Please go to https://www.sec.gov/cgi-bin/
Our team wishes we could have given you all more advance notice of this, the company has not been able to provide public information about the offering while it was underway.
Investors in the first crowdfund that ended Aug. 11, 2021, are now eligible to transfer the shares. Investors in the second crowdfund that ended Sept. 25, 2021 will be eligible to transfer shares starting next month as these shares are still in the one-year lockup post crowdfund.
Here's how to transfer your shares into a trading account via VStockTransfer, our registered transfer agent. Platforms such as Robinhood, Fidelity, Etrade and Wilson-Davis are all confirmed as eligible to receive the transfer.
To transfer your shares into a brokerage account under the same name you used to join the crowdfund, follow these steps:
1. Fill out the DRS form to provide our transfer agent with critical information about the destination account.
2. Fill out the credit card authorization form to authorize your card to be charged for $120 for the DRS transfer process. This fee facilitates the transfer of your shares into a brokerage account.
3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.
If the destination brokerage account is under a different name than the name you used to join the crowdfund, follow these steps instead:
1. Fill out the DWAC form to provide our transfer agent with critical information about the destination account.
2. Fill out the credit card authorization form to authorize your card to be charged for $115 for the DWAC transfer process. This fee facilitates the transfer of your shares into a brokerage account.
3. Submit both forms to info@vstockstransfer.com. You're done and the shares will be transferred in a few business days.
In addition to crowdfund shares becoming tradable, you can also increase your position by purchasing additional shares at this time, wherever you currently buy stocks.
Stay tuned for more updates about our journey to upgrade the world's eyewear!
All the best,
InnoEye Team
03.04.22
Dear InnoEye investors and followers,
Thank you for your patience while we work to build the global standard in smart eyewear! We have been extremely busy since the end of the crowdfund, rolling out new product styles, improvements and accessories.
Some major developments to look forward to in the Spring:
1) The launch of four additional styles to our main Lucyd Lyte line, including our first XL frame and first tortoise frame, and a striking gold aviator. Here's a quick preview of the new Lyte® Titanium Timewarp model:
2) A new Lyte Sport wraparound sunglass style.
3) Four new Lyte styles designed specifically for women and youth.
4) The introduction of our new cordless charging dock to make charging your Lyte (and other devices) easier than ever.
As a special thank you to our supporters, we will be including FREE Lucyd Pro 2-year insurance on all Lytes you purchase in the month of March. This $79 value covers your frames against all damage for two years, and provides a 50% credit for lost or stolen frames. It's a great way to make sure your smart eyewear is protected for the long haul! Simply check the insurance option when adding frames to cart or before you head into the prescription form. Done and done! Head over to Lucyd.co now to upgrade.
As always, let us know if you have any questions. Thank you for supporting our community-funded, employee-owned company.
Best wishes always,
InnoEye Team
06.15.21
Hey InnoEye investors and community,
Thanks so much for supporting us on our mission to make Lucyd eyewear the go-to smart frame of 2021!
Our booth at Vision Expo East was a runaway success - we sold EVERY PAIR WE BROUGHT to the show, and once we ran out of the 60 units we had, we had customers buy the floor models! The response was unbelievable, almost every optical business that came to our booth bought at least one Lyte to try out with their customers.
The feedback from the show has been amazing, and we are in the process of onboarding dozens of new eyewear stores into our reseller network. It really could not have gone better! Check out this great clip of our booth, our brand ambassador Hadar Adora was there too! A media company working the floor said we had one of the busiest booths at the show - and it's easy to tell why, we had the only smart eyewear product at the whole expo.
In addition to our presence at the show, we sent out an email blast to the Expo's entire mailing list of 50,000 eyewear industry professionals. As a result, our reseller network is growing fast!
Guess which pair was the most popular? Our prototype pilot aviator, Starman, stole the show. Check it out below, it launches in just two months and will be our lightest frame yet at 1.1oz!
We were also just featured in Shape Magazine's Father Day gift guide. Shape has a monthly unique viewership of 2.6m people, helping Lucyd Lyte reach an athletic, health-conscious audience.
Thanks so much for following our mission to upgrade the world's eyewear. We'll be back soon with more awesome updates!
All the best,
InnoEye Team
05.28.21
Hello InnoEye investors,
Thanks so much for continuing to follow our mission to upgrade the world's eyewear. We have some very exciting updates to share.
1. We have signed Chris Clark, a pro golfer, to our roster of brand ambassadors. Mr. Clark is a valuable addition to the team, and will help us reach golfers and outdoor sports enthusiasts nationwide!
Chris Clark rocking the Lytening style of Lucyd Lyte.
2. We have our second national cable TV flight commencing Tuesday and running for two weeks on ESPN, CNBC, AMC and a few other popular stations. Our main commercial featuring Richard Sherman will air hundreds of times in households across the USA.05.05.21
Hello InnoEye investors and followers,
We're so glad to share this update with you, following the successful completion of our oversubscribed crowdfund!
We have just added three new full-time team members to the company, a fantastic step in our journey to becoming the nation's leading smart eyewear brand. Here are some quick bios:
Frank Rescigna joins as our new VP Sales. Frank has an incredible 30+ year career in eyewear, including managing the successful Guess Eyewear brand in the US, as well as their international efforts. Overall he has led millions of dollars in sales across several popular eyewear brands. Furthermore, Frank is a licensed optician and has previously operated his own optical business, bringing terrific eyewear industry knowledge to the team.
Ken Strominger joins as Sales Director-Electronics and Sports, and he brings extensive experience in electronics and fitness tech sales. He oversaw the successful launch of the Yurbuds earphones line, bringing them to $2m in annual sales and garnering placement in Dick's Sporting Goods, the largest national athletics chain.
Alex Rivera joins as Content Manager & Photographer, bringing 15+ years of experience in creation and management of top-quality brand content. He is already working hard on enhancing the Lucyd brand's online presence and social content.
For full biopics on the new team members, please read the press release.
In other news, the final round of free Lyte codes will be going out to all remaining $500+ investors tomorrow. If you don't see your code by tomorrow night at 9pm EST, please reach out to us at our main support email, info@Lucyd.co. You can also drop us a line if you have any questions about our progress. The code email will be titled "Get your complimentary Lucyd Lyte e-glasses".
Finally, our new free glasses contest is live, so be sure to hop on over and enter to win! Share the contest on social for additional entries.
Thanks again to everyone who made our crowdfund a rousing success. We look forward to upgrading your eyewear!
All the best,
InnoEyeTeam
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
All Investors Club:
Access to exclusive investor group on Whatsapp. Ongoing 10% discount on Lucyd frames and lenses through December 31st, 2021. Affiliate program Legend Membership. Share Lucyd with your network and receive a boosted 15% cash bonus when they purchase
First Volume Tier
$500 (Free pair of Lucyd Lyte Bluetooth designer glasses)
Second Volume Tier
$5,000+ (Lucyd Lyte + 10% bonus shares)
Third Volume Tier
$20,000+ (Lucyd Lyte + 15% bonus shares)
Fourth Volume Tier
$50,000+ (Two pairs of Lucyd Lyte + free entry into any new beta smartglass programs + 25% bonus shares + preferred access to team management)
0/2500
Cancel anytime before 48 hours before a rolling close or the offering end date.
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