Stock FAQs

innovative eyewear stock price

by Clovis Kihn Published 3 years ago Updated 2 years ago
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When does innovative eyewear stock start trading?

Data will show when the stock starts trading on May 13, 2022. Innovative Eyewear develops and sells cutting-edge eyeglasses and sunglasses, which are designed to allow our customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection.

What is innovative eyewear?

Innovative Eyewear develops and sells cutting-edge eyeglasses and sunglasses, which are designed to allow our customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. In January 2021, Innovative Eyewear fully launched its first commercial product, Lucyd Lyte.

What is innovative Eyewear’s profit margin?

Innovative Eyewear has two levels of margins, one for direct-to-consumer which is higher, and one for wholesale which is more competitive. Our frame margins are approximately 60% for direct-to-consumer and 38% wholesale. We have an average profit margin of 20% on custom and prescription lenses.

Why is in innovative Eyewear’s Live offering campaign extended?

Innovative Eyewear, Inc. is extending their campaign by 60 days. When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed.

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Is Lucyd eyewear publicly traded?

Innovative Eyewear will go public soon, but the exact IPO date is still unknown. Data will show when the stock starts trading....Innovative Eyewear, Inc. (LUCY)Market Cap50.64MRevenue (ttm)438,590Net Income (ttm)-2.07MShares Out7.79MEPS (ttm)-0.274 more rows•Dec 13, 2021

Who makes Lucyd eyewear?

Innovative Eyewear, Inc.In March 2020, Innovative Eyewear, Inc. acquired the exclusive license to use the Lucyd IP, eShop and brand. Lucyd has developed and sold over 2,000 pairs of Bluetooth eyewear during the past three years, and launched three different product lines.

What is innovative eyewear?

How many pairs of eyeglasses were sold in 2018?

Innovative Eyewear was established to upgrade the world’s glasses, by producing fashionable and affordable prescription frames with Bluetooth features, enabling the wearer to both correct their vision and be connected with their digital life.

What is Lucyd E glasses?

Innovative Eyewear sits at the intersection of three growing markets. The current online market for eyewear is US $3.8B. Approximately eight million pairs of prescription eyeglasses were sold online in 2018. The market for digital assistants like Siri, Google Voice and Alexa have grown rapidly.

What is Lucyd eyewear?

Our flagship Lucyd® e-glasses enable the wearer to listen to music, talk on the phone, and use voice assistants to perform many common mobile functions handsfree. Additionally, we are developing a voice-controlled app called Vyrb™, which will allow eyeglass wearers to listen and respond to social media posts with their voice, without looking at their smartphones. Our smart eyewear acts like headphones and glasses in one, bringing vision correction and protection together with digital connectivity and clear audio, and offers a safer solution for listening to music outdoors compared to in-ear headphones.

What is the difference between Lucyd and other smart glasses?

When paired with the Vyrb app, Lucyd Eyewear will provide a new, safe and wearable user experience.

How many patents are there for Bluetooth glasses?

Other smart eyewear products tend to lack touch controls or have imprecise control systems, whereas Lucyd frames have easy and reliable one-touch controls. For example, on Lucyd frames you can adjust volume, skip tracks, use your voice assistant and answer calls with a click.

How many wireless headphones will be sold in 2020?

Strong intellectual property position with exclusive rights to 21 total pending patents, including four utility patents and 17 design patents.

What we know about the Innovative Eyewear IPO

The wireless “hearables” market is projected to sell 230 million units in 2020. Sales of “Hearables” garnered $21.2 billion in 2018, and is estimated to reach $92.46 billion by 2026, growing at a CAGR of 17.2% from 2019–2026.

How to buy shares in Innovative Eyewear when it goes public

Innovative Eyewear filed a draft registration with the US Securities and Exchange Commission under the ticker symbol LUCY. Not yet an official IPO, it's one of the first steps of taking a private company public.

Finder's picks for buying Innovative Eyewear when it goes public

Once Innovative Eyewear goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

How do similar companies perform?

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It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Innovative Eyewear can be useful in determining how the market is performing and whether now is a good time to invest in this industry.

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