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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): August 7, 2025
KOPIN
CORPORATION
(Exact
name of registrant as specified in its charter)
| Delaware |
|
000-19882 |
|
04-2833935 |
(State
or other jurisdiction of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
125
North Drive, Westborough, MA 01581
(Address
of principal executive offices) (Zip Code)
(508)
870-5959
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
| Common
Stock, par value $0.01 |
|
KOPN |
|
Nasdaq
Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item
5.02. |
Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On
August 7, 2025, the Kopin Corporation (the Company) announced that Mr. Erich Manz had joined the Company as its Chief Financial Officer.
Mr. Manz is expected to start on September 2, 2025..
Before
joining the Company, Mr. Manz was the Business Unit CFO of Allegro MicroSystems (NYSE: ALGM) where he led the financial structure, support,
and oversight for the product business group. Mr. Manz spent over 25 years at Allegro MicroSystems in various roles from Reporting Manager,
to Corporate Controller. Mr. Manz began his career at Serta in their accounting department and holds a bachelor’s degree in accounting
from Bryant University.
In
connection with his appointment, Mr. Manz and the Company entered into an offer letter, pursuant to which Mr. Manz will be an employee
at will and will receive an annual base salary of $300,000, payable in accordance with the regular payroll practices of the Company.
Additionally, Mr. Manz will receive 400,000 shares of restricted stock, which vest in 25% increments each December 10 beginning in 2026.
Mr. Manz will also be entitled to an annual performance-based bonus opportunity in the form of cash and long-term awards, subject to
approval by the Board’s Compensation Committee. Mr. Manz also will be eligible for the Company’s standard benefits package
and to participate in all applicable group employee benefit plans and programs offered.
The
Company has issued a press release, dated August 7, 2025, announcing the foregoing leadership changes. The press release is attached
hereto as Exhibit 99.1 and is incorporated by reference herein. The information furnished in Exhibit 99.1 hereto shall not be considered
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or
otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into future filings by the Company under
the Securities Act of 1933, as amended, or under the Exchange Act, unless the Company expressly sets forth in such future filings that
such information is to be considered “filed” or incorporated by reference therein.
| Item
9.01 |
Financial
Statements and Exhibits. |
(d)
Exhibits.
| Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press Release dated August 7, 2025, entitled “Kopin Announces Appointment of Erich Manz as Chief Financial Officer.” |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
Kopin Corporation |
| |
(Registrant) |
| |
|
|
| |
By: |
/s/
Richard A. Sneider |
| |
Name: |
Richard
A. Sneider |
| |
Title: |
Treasurer
and Chief Financial Officer |
| |
|
(Principal
Financial and Accounting Officer) |
Date:
August 7, 2025
