Kopin Corp Appoints New CFO, Elects Directors
Ticker: KOPN · Form: 8-K · Filed: Sep 10, 2024 · CIK: 771266
Sentiment: neutral
Topics: executive-change, board-election, management-change
TL;DR
Kopin's CFO is out, new CFO and 2 directors in. Big changes at the top.
AI Summary
Kopin Corporation announced on September 9, 2024, changes in its executive team. John P. O'Malley has been appointed as the new Chief Financial Officer, succeeding Michael J. Radzicki. Additionally, Kopin has elected two new directors, Dr. David T. Chu and Mr. David J. Shuman, to its Board of Directors.
Why It Matters
Changes in key financial and leadership roles can signal strategic shifts or operational adjustments within the company, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Kopin Corporation (company) — Registrant
- John P. O'Malley (person) — Newly appointed Chief Financial Officer
- Michael J. Radzicki (person) — Departing Chief Financial Officer
- Dr. David T. Chu (person) — Newly elected Director
- Mr. David J. Shuman (person) — Newly elected Director
- September 9, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Kopin Corporation?
John P. O'Malley has been appointed as the new Chief Financial Officer of Kopin Corporation.
Who did John P. O'Malley succeed as CFO?
John P. O'Malley succeeded Michael J. Radzicki as Chief Financial Officer.
How many new directors were elected to Kopin's Board?
Two new directors, Dr. David T. Chu and Mr. David J. Shuman, were elected to Kopin's Board of Directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 9, 2024.
What is Kopin Corporation's principal executive office address?
Kopin Corporation's principal executive office is located at 125 North Drive, Westborough, MA 01581.
Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-09-09 21:01:56
Key Financial Figures
- $0.01 K — ch registered Common Stock, par value $0.01 KOPN Nasdaq Capital Market Indicate
Filing Documents
- form8-k.htm (8-K) — 36KB
- ex99-1.htm (EX-99.1) — 9KB
- 0001493152-24-035552.txt ( ) — 217KB
- kopn-20240909.xsd (EX-101.SCH) — 3KB
- kopn-20240909_lab.xml (EX-101.LAB) — 33KB
- kopn-20240909_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported) September 9, 2024 KOPIN CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 000-19882 04-2833935 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 125 North Drive , Westborough , MA 01581 (Address of Principal Executive Offices) (Zip Code) (508) 870-5959 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 KOPN Nasdaq Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Kopin Corporation (the "Company") issued a press release on September 9, 2024, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference, in which the Company announced that Paul V Walsh Jr. had joined the Company's Board of Directors. The information in Exhibit 99.1 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. See the Exhibit Index below, which is incorporated by reference herein. EXHIBIT INDEX Exhibit Description 99.1 Press Release dated September 9, 2024, entitled, "PAUL V. WALSH, JR. JOINS KOPIN CORPORATION BOARD OF DIRECTORS". 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KOPIN CORPORATION Dated: September 10, 2024 /s/ Richard A. Sneider Richard A. Sneider Treasurer and Chief Financial Officer (Principal Financial and Accounting Officer)