Kopin exits LST and LSA stakes for $2 total, ends technology license with LST
Kopin sold its equity in Lightning Silicon Technology and LS Assets to those companies for $1.00 each on June 10, 2026, and the shares were retired, leaving Kopin with no equity interest in either. Kopin also confirmed that its technology license with LST ended April 10, 2026, and set transition and royalty terms, which the company says are not expected to have a material effect on its consolidated financial statements.
Key points
- Kopin's 18,000,000 Series Seed-1 Preferred shares of LST and 18,000,000 common shares of LSA were repurchased for $1.00 each, dated June 10, 2026.
- Technology License Agreement with LST was terminated April 10, 2026; the Services Agreement expired in 2025.
- Kopin will pay LST a royalty of $7.50 per display on certain customer orders secured between April 10, 2026 and October 30, 2026.
- Kopin issued a $25,000 NRE purchase order, payable within 30 days, and LST's limited license to fulfill existing firm orders runs through July 15, 2026.
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 18, 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.