Kopin Corp Files Amendment to Material Agreement Report

TL;DR

Kopin Corp filed an amendment to a material agreement report from August 8th. Details TBD.

AI Summary

Kopin Corporation filed an amendment (8-K/A) on August 14, 2025, to a previous report concerning a material definitive agreement entered into on August 8, 2025. The filing does not provide specific details about the agreement itself, but it is an amendment to a prior report.

Why It Matters

This amendment indicates a follow-up or correction to a significant business agreement, suggesting ongoing developments in Kopin Corporation's contractual relationships.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing and does not introduce new material information or risks on its own.

Key Players & Entities

• KOPIN CORPORATION (company) — Registrant
• August 8, 2025 (date) — Date of earliest event reported
• August 14, 2025 (date) — Filing date of amendment
• Delaware (jurisdiction) — State of incorporation
• 000-19882 (filing_id) — SEC File Number

FAQ

Key Financial Figures

• $0.01 K — ch registered Common Stock, par value $0.01 KOPN Nasdaq Capital Market Indicate
• $15 million — , the "Agreements") for an aggregate of $15 million strategic investment from Theon Interna
• $0.01 — ed Stock ("Preferred Stock"), par value $0.01 per share will be issued to Theon. Li
• $3.00 — greement, the conversion price shall be $3.00 and (ii) with respect to each Preferred
• $4.50 — ompanies' common stock trading price is $4.50 (such price subject to proportionate ad
• $7,000 — l to the quotient of (A) the sum of (1) $7,000 and (2) the Accrued Dividends on such s
• $7,000,000 — price for all such Purchased Shares of $7,000,000. Use of Proceeds. Kopin covenants t

Filing Documents

• form8-ka.htm (8-K/A) — 103KB
• 0001641172-25-024169.txt ( ) — 278KB
• kopn-20250808.xsd (EX-101.SCH) — 3KB
• kopn-20250808_lab.xml (EX-101.LAB) — 33KB
• kopn-20250808_pre.xml (EX-101.PRE) — 22KB
• form8-ka_htm.xml (XML) — 4KB

Business

Business Objectives It is the intention of the Parties that at all times during the continuance of this Agreement the business of the Company shall be confined to the Business. "Business" means the design, development and manufacture of ferroelectric liquid crystal on silicon micro-displays / spatial light modulators and associated drive electronics, along with any matters ancillary thereto, the back end packaging of organic light emitting diode (OLED) displays, development of the DarkWave module, or such other business as may be determined in accordance with this Shareholders' Agreement. Management of the Company The Shareholders agree that the management of the Company shall be performed by: the general meeting of Shareholders; the Board; and the managing director of the Company (the "Managing Director"), in each case in accordance with the Shareholders' Agreement and the Articles (provided that the latter are at all times to the fullest extent permitted by Applicable Law in conformity with the Shareholders' Agreement). The Managing Director shall have responsibility for the day-to-day operations of the Company save where certain matter require Board of Director or Shareholder approval. The Managing Director shall be nominated in accordance with the Shareholders' Agreement summarized as follows. Kopin shall identify a candidate for Managing Director and present such individual's experience and qualifications for consideration by Theon. If Theon has concerns about such candidate, Kopin shall identify a second candidate for the role of Managing Director for consideration following the same process. Theon is then required to select its preferred individuals from the two candidates identified by Kopin to be appointed as Managing Director. The Managing Director may only be removed or terminated with the consent of Kopin. Prior to the hiring of any chief financial officer or chief operating officer of the Company, Kopin shall notify Theon of its preferred

View Full Filing

View this 8-K/A filing on SEC EDGAR