---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-011855"
form_type: "8-K"
ticker: "KOPN"
cik: "0000771266"
company_name: "KOPIN CORP"
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:59:35.721659+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kopin receives $15M strategic investment from Theon; will sell 49% of Kopin Europe and issue convertible preferred

## Summary
- Theon acquires 49% interest in Kopin Europe Ltd. for $8.0M; parties enter licensing and development agreement for military products.
- Theon purchases $7.0M of Series A Convertible Preferred Stock convertible at $3.00/share; Kopin can force conversion once stock hits $4.50 for 10 of 30 days.
- Theon commits additional $8.0M over five years for collaborative product and technology development.
- Investment subject to European government approvals; closing expected in Kopin's fiscal Q3 2025.
- Strategic partnership targets European and NATO defense markets, leveraging Kopin's Reston, VA facility as Theon USA's new industrial location.

## SEC filing metadata
- accession: 0001493152-25-011855
- form_type: 8-K
- ticker: KOPN
- cik: 0000771266
- company_name: KOPIN CORP
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771266/000149315225011855/0001493152-25-011855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771266/000149315225011855/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-011855
- JSON: https://secwatch.observer/filing/0001493152-25-011855.json
- Plain text: https://secwatch.observer/filing/0001493152-25-011855.txt

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