other material
confidence high
sentiment neutral
materiality 0.60
Kopin enters ATM equity offering for up to $50M with Stifel
KOPIN CORP
- Sales agreement with Stifel allows at-the-market sales of common stock for gross proceeds up to $50.0M.
- Stifel will receive 3.0% commission on gross proceeds; Company reimburses certain expenses.
- Offered under existing shelf registration (333-278075) effective June 4, 2024; prospectus supplement dated Jan 24, 2025.
- Sales may occur on Nasdaq Capital Market; agreement terminates upon sale of all shares or by either party.