---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-000819"
form_type: "8-K"
ticker: "KOPN"
cik: "0000771266"
company_name: "KOPIN CORP"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:08:21.145155+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kopin restructures with partial spinout of OLED unit and reduction in force

## Summary
- Kopin entered a technology license agreement with Lightning Silicon Technology, formed by Chairman Dr. John C.C. Fan, to develop OLED microdisplays for consumer AR/VR.
- Kopin retains 20% ownership in Lightning Silicon and will receive royalties from product sales, while retaining OLED IP and exclusive bilateral license.
- Kopin announces a reduction in force across other product lines, expecting annualized payroll expense to decrease by approximately 20% since Dec 31, 2022.
- Lightning Silicon plans a partnership with Lakeside Lightning Semiconductor Co. in Jiangsu, China, which recently broke ground on a new 12" OLED fab.
- CEO Michael Murray states the restructuring aims to restore profitability by focusing resources on defense, industrial, and consumer applications.

## SEC filing metadata
- accession: 0001493152-23-000819
- form_type: 8-K
- ticker: KOPN
- cik: 0000771266
- company_name: KOPIN CORP
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771266/000149315223000819/0001493152-23-000819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771266/000149315223000819/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-000819
- JSON: https://secwatch.observer/filing/0001493152-23-000819.json
- Plain text: https://secwatch.observer/filing/0001493152-23-000819.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.