{"url_path":"/sec/kopn/8-k/2026-06-18/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-18","source_url":"https://www.sec.gov/Archives/edgar/data/771266/0001493152-26-029262-index.html","accession_number":"0001493152-26-029262","cik":"0000771266","ticker":"KOPN","issuer_name":"KOPIN CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/771266/0001493152-26-029262-index.html","primary_entity_key":"0000771266","primary_entity_name":"KOPIN CORP"},"word_count":413,"has_tables":true,"body_markdown":"**Item\n7.01.**\n**Regulation\nFD Disclosure**\n\n \n\nOn\nJune 10, 2026, Kopin Corporation (“Kopin” or the “Company”) entered into a Share Repurchase Agreement (the\n“Share Repurchase Agreement”) with Lightning Silicon Technology, Inc. (“LST”) and LS Assets, Inc. (“LSA”).\nUnder the Share Repurchase Agreement, LST repurchased 18,000,000 shares of its Series Seed-1 Preferred Stock from Kopin\nfor $1.00, and LSA repurchased 18,000,000 shares of its common stock from Kopin for $1.00. All such shares were cancelled and\nretired as of June 10, 2026. The Parties exchanged mutual releases of all claims relating to Kopin’s prior shareholdings\nin LST and LSA. As a result of the repurchases, Kopin no longer holds any equity interest in either LST or LSA.\n\n \n\nSeparately,\non April 10, 2026, Kopin and LST executed a Mutual Transition and Services Termination Agreement (the “Mutual Transition and\nServices Termination Agreement”). The Mutual Transition and Services Termination Agreement (i) confirms that the Technology\nLicense Agreement (as defined therein) between LST and Kopin was terminated on April 10, 2026 and (ii) acknowledges the prior\nexpiration of the Services Agreement (as defined therein) in 2025.\n\n \n\nPursuant\nto the Mutual Transition and Services Termination Agreement, under\nthe transition terms, Kopin issued a $25,000 NRE purchase order, payable within 30 days, and LST agreed to provide a series of transition\nactivities, including: the transfer of customer and vendor data; written notifications to customers and vendors; forwarding customer\ninquiries for 120 days; providing design files for three displays; and up to eight hours of technical assistance, with options for additional\npaid support.\n\n \n\nThe\nMutual Transition and Services Termination Agreement also provides: a limited royalty-bearing license for LST solely to fulfill\nexisting firm orders through July 15, 2026; and a perpetual, irrevocable, worldwide, royalty-free license for Kopin to certain LST OLED\nmicrodisplay technology. Additionally, Kopin will pay LST a royalty of $7.50 per display on certain customer orders secured between April\n10, 2026 and October 30, 2026. Each party also granted the other a mutual release of all claims related to the prior Technology\nLicense Agreement and Services Agreement.\n\n \n\nThe\nCompany does not expect these actions to have a material effect on its consolidated financial statements.\n\n \n\n \n\n \n\n \n\n**SIGNATURE**\n\n \n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by\nthe undersigned hereunto duly authorized.\n\n \n\n \nKopin\nCorporation\n\n \n(Registrant)\n\n \n \n \n\n \nBy:\n*/s/\nErich Manz*\n\n \nName:\nErich\nManz\n\n \nTitle:\nTreasurer\nand Chief Financial Officer\n\n \n \n(Principal\nFinancial and Accounting Officer)\n\n \n\nDate:\nJune 18, 2026"}