Kopin: Theon converts all 1,000 preferred shares into 2,380,973 common shares
On May 28, 2026, Theon International Plc converted all 1,000 outstanding shares of Kopin's Series A Convertible Preferred Stock into common stock at a conversion price of $3.00 per share. The conversion issued 2,380,973 new common shares to Theon, and the preferred stock has been retired, so no preferred shares remain outstanding. For shareholders, this changes the company's capital structure by adding common shares and removing the preferred stock, as disclosed in this filing.
Key points
- Conversion date: May 28, 2026
- All 1,000 Series A Convertible Preferred shares converted at $3.00 per share
- Theon received 2,380,973 shares of Kopin common stock
- Series A Convertible Preferred Stock retired; none outstanding
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.