{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-018325","form_type":"8-K","ticker":"KOPN","cik":"0000771266","company_name":"KOPIN CORP","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.128298+00:00","generated_at":"2026-05-17T03:38:32.546686+00:00","sec_items":["1.01","3.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kopin closes $15M strategic investment from Theon; Theon acquires 49% of Kopin Europe and $7M convertible preferred","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-018325","json":"https://secwatch.observer/filing/0001493152-25-018325.json","markdown":"https://secwatch.observer/filing/0001493152-25-018325.md","text":"https://secwatch.observer/filing/0001493152-25-018325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/771266/000149315225018325/0001493152-25-018325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/771266/000149315225018325/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:38:32.546686+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91f31e029e0aa9e43ae529848edb8030d4d7f46a","claim":"KOPIN CORP issued $7.0 million worth of shares of preferred stock to Theon International Plc for $7.0 million.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/771266/000149315225018325/0001493152-25-018325-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"$7.0 million worth of shares"},{"label":"Purchaser","value":"Theon International Plc"},{"label":"Consideration","value":"$7.0 million"}],"fact_type":"equity_issuance"},{"claim_id":"f4924e3e66bf7dfb002a562a97a8d9c386c64537","claim":"KOPIN CORP: Filing of Certificate of Designation for Series A Convertible Preferred Stock to amend the Certificate of Incorporation (effective 2025-10-15).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/771266/000149315225018325/0001493152-25-018325-index.htm","confidence":0.7,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-10-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}