Kopin says Theon International buys $7 million in Series A convertible preferred shares

Kopin Corporation

Kopin Corporation

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  • Theon converted all 1,000 shares of Kopin’s Series A Convertible Preferred Stock into 2,380,973 common shares on May 28, 2026.
  • Conversion used a fixed price of USD 3 per share; the Series A Convertible Preferred Stock was retired with no shares outstanding.
  • The preferred stock was issued in an October 16, 2025 USD 15 million strategic investment by Theon, including USD 7 million in preferred shares.
  • That deal also gave Theon a 49% stake in Kopin Europe for USD 8 million tied to joint military product development agreements.


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