---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-024169"
form_type: "8-K/A"
ticker: "KOPN"
cik: "0000771266"
company_name: "KOPIN CORP"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:45:40.671421+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kopin announces $15M strategic investment from Theon; includes $7M preferred stock and $8M Kopin Europe subscription

## Summary
- Theon invests $7M for 1K shares of Series A Convertible Preferred Stock; conversion price $3.00; optional conversion at stock price ≥$4.50.
- Theon subscribes $8M for 21,281,350 new shares of Kopin Europe (approx $0.376/share).
- Shareholders' agreement establishes 4-member board (2 from Kopin, 2 from Theon); Kopin nominates chair with casting vote; managing director selected by Kopin with Theon input.
- Lock-up on Kopin Europe shares for 3 years; right of first refusal, tag-along and drag-along rights; Theon has put option if Kopin is acquired by restricted counterpart.
- Cross-license agreement covers IP for Kopin, Kopin Europe, and Theon products; jointly developed IP owned equally by Kopin and Theon.

## SEC filing metadata
- accession: 0001641172-25-024169
- form_type: 8-K/A
- ticker: KOPN
- cik: 0000771266
- company_name: KOPIN CORP
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771266/000164117225024169/0001641172-25-024169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771266/000164117225024169/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-024169
- JSON: https://secwatch.observer/filing/0001641172-25-024169.json
- Plain text: https://secwatch.observer/filing/0001641172-25-024169.txt

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