Kopin closes $15M strategic investment from Theon; Theon acquires 49% of Kopin Europe and $7M convertible preferred

KOPIN CORP

Theon International Plc invested $15M: $8M for 49% of Kopin Europe Ltd. and $7M for Series A Convertible Preferred Stock.
Convertible at $3.00/share; Kopin can force conversion if stock trades at $5.50+ for 10 of 30 consecutive trading days.
Preferred stock carries 4% annual base dividend (payable in cash and stock).
Parties entered licensing and development agreement and funding for joint development of military products.
Kopin filed Certificate of Designation for Series A Convertible Preferred Stock.

item 1.01 item 3.02 item 5.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

KOPIN CORP issued $7.0 million worth of shares of preferred stock to Theon International Plc for $7.0 million.

Security: preferred stock
Shares: $7.0 million worth of shares
Purchaser: Theon International Plc
Consideration: $7.0 million

Exact text from the filing

Theon purchased $7.0 million worth of shares of Series A Convertible Preferred Stock, par value $0.01 per share, of Kopin (the “Preferred Stock”).

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.7

KOPIN CORP: Filing of Certificate of Designation for Series A Convertible Preferred Stock to amend the Certificate of Incorporation (effective 2025-10-15).

Change: charter amendment
Effective: 2025-10-15

Exact text from the filing

On October 15, 2025 the Company filed a Certificate of Designation of Series A Convertible Preferred Stock to amend its Certificate of Incorporation of Kopin Corporation to incorporate the terms of the Series A Convertible Preferred Stock

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226 equity issuances filed in the last 30 days. Browse all equity issuances →

KOPIN CORP filing history →

Source: SEC EDGAR

accession 0001493152-25-018325

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