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Kopin Corp (KOPN.OQ)

KOPN.OQ on NASDAQ Stock Exchange Global Select Market

4.11USD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Goertek updates stake acquisition plan of Kopin Corporation
Monday, 13 Feb 2017 01:00am EST 

Goertek Inc <002241.SZ>:Updates that it will buy 7.6 million shares (10.1 percent stake) of Kopin Corporation at $24.7 million, instead of 7.3 million shares at $23.9 million, which was disclosed on Jan. 3.  Full Article

Kopin enters into strategic relationship with Goertek
Tuesday, 3 Jan 2017 08:30am EST 

Kopin Corp : Kopin enters into strategic relationship with Goertek . Kopin and Goertek enter into product development and commercialization agreements .Kopin to sell 7.3 million shares to Goertek for $23.9 million.  Full Article

China's Goertek to acquire stake in U.S. tech firm Kopin
Monday, 2 Jan 2017 11:28pm EST 

Goertek Inc <002241.SZ> : Says it plans to acquire U.S tech firm Kopin Corp's 7.3 million shares for $23.85 million .Says it will own about 9.8 percent stake in Kopin after transaction.  Full Article

Kopin reports delay in filing form 10-Q for period .
Tuesday, 8 Nov 2016 05:15pm EST 

Kopin Corp : Kopin reports delay in filing form 10-Q for period ended Sept 24, 2016 . Kopin - discovered instances in which an employee at one of foreign majority-owned subsidiaries, appears to have embezzled money from such subsidiary . While investigation is ongoing, amount is not believed to be material to company's cash position . Kopin - has not completed its investigation and is currently assessing impact finding might have had upon company's historical financial statements .Kopin - impact of potential theft will not be material to its previously filed financial statements as of Dec 26, 2015 and for six month period ended June 25, 2016.  Full Article

Kopin Q3 loss per share $0.12
Thursday, 27 Oct 2016 07:55am EDT 

Kopin Corp : Kopin provides business update and third quarter 2016 operating results . Q3 revenue $5.8 million versus $8.0 million . Q3 loss per share $0.12 .Kopin - with over $84 million in cash and equivalents and marketable securities at end of q3 of 2016, have financial resources to fund current plans.  Full Article

Kopin reports Q2 loss per share $0.05
Tuesday, 2 Aug 2016 08:00am EDT 

Kopin Corp : Provides business update and second quarter 2016 operating results . Q2 loss per share $0.05 . Q2 revenue $4.4 million versus $10.9 million .Says solos headset program is on track and expect to commence commercial shipping in October 2016.  Full Article

Kopin Corp divests interest in Recon Instruments
Monday, 22 Jun 2015 08:30am EDT 

Kopin Corp:Divests its equity interest in Recon Instruments (Recon) as part of Intel Corporation's acquisition of Recon.Says anticipates that it will receive about $6 mln in cash proceeds for its equity interest.  Full Article

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BRIEF-Kopin files for non-timely 10-K

* Currently expects to file the 2016 form 10-k on or before march 31, 2017