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Stock impact report

Kopin Announces $41 Million Private Placement

Kopin Corporation (KOPN) 
Last kopin corporation earnings: 5/9 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: kopin.com/investors/overview/default.aspx
Company Research Source: Business Wire
Theon International, Ondas Holdings and Unusual Machines make strategic investment in Kopin, underscoring Kopin’s long term growth potential WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN), a pioneering leader in application-specific optical systems and high-performance microdisplays, today announced that it has entered into a securities purchase agreement for a private investment in public equity financing (the “PIPE”) that is expected to result in gross proceeds of approximately $41.0 million.Pursuant to the terms of the securities purchase agreement, at the closing of the PIPE, Kopin will issue an aggregate of 19,545,950 shares of common stock at a price of $2.10 per share to investors.Proceeds will be used for the advancement of Kopin's development of color MicroLED, Neuraldisplay™ Artificial Intelligence, commercialization of sovereign solutions for microdisplays and optical solutions for First Person Visualization (FPV) for Drones and for general corpora Show less Read more
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