Kopin Corp (KOPN) investors disclose 6.19M-share, 3.33% passive stake in 13G/A
Rhea-AI Filing Summary
Kopin Corp reported a Schedule 13G/A showing that Theon International Plc, together with Venetus Ltd., CHRE Investments Ltd. and Christianos Hadjiminas (the reporting group), collectively may be deemed to beneficially own 6,190,496 shares of Kopin common stock.
This stake represents 3.33% of the common stock, based on 185,889,501 shares outstanding as of March 28, 2026. The position includes 2,380,973 shares issued upon conversion of 1,000 shares of Series A Convertible Preferred Stock on May 28, 2026. The reporting persons have sole voting and dispositive power over these shares and state that the securities are not held for the purpose of changing or influencing control of Kopin, other than activities solely in connection with a nomination under Rule 14a-11.
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Key Figures
Beneficial ownership: 6,190,496 shares
Ownership percentage: 3.33%
Shares outstanding: 185,889,501 shares
+3 more
6 metrics
Beneficial ownership
6,190,496 shares
Aggregate Kopin common shares beneficially owned by the reporting persons
Ownership percentage
3.33%
Percent of Kopin common stock class beneficially owned
Shares outstanding
185,889,501 shares
Total Kopin common shares outstanding used for percentage calculations as of March 28, 2026
Converted preferred shares
1,000 shares
Series A Convertible Preferred Stock converted into common stock on May 28, 2026
Common from conversion
2,380,973 shares
Kopin common shares issued upon conversion of 1,000 Series A Convertible Preferred shares
Par value
$0.01 per share
Par value of Kopin Corp common stock
Key Terms
beneficially own, dispositive power, Schedule 13G/A, Series A Convertible Preferred Stock, +1 more
5 terms
beneficially own financial
"Each of Theon International Plc., Venetus Ltd., CHRE Investments Ltd. and Christianos Hadjiminas may be deemed to beneficially own an aggregate of 6,190,496 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 6,190,496"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G/A regulatory
"This is being filed on behalf of the following persons (the "Reporting Persons")"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Series A Convertible Preferred Stock financial
"shares of Common Stock issued upon conversion of 1,000 shares of Series A Convertible Preferred Stock on May 28, 2026"
Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.
percent of class financial
"Percent of class: 3.33%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in Kopin Corp (KOPN) is reported in this Schedule 13G/A?
The reporting group discloses beneficial ownership of 6,190,496 shares of Kopin common stock, representing 3.33% of the outstanding shares, based on 185,889,501 shares outstanding as of March 28, 2026.
Who are the reporting persons in the Kopin Corp (KOPN) Schedule 13G/A?
The filing is made on behalf of Theon International Plc, Venetus Ltd., CHRE Investments Ltd. and Christianos Hadjiminas, who together may be deemed to beneficially own 6,190,496 shares of Kopin common stock.
Is the Kopin Corp (KOPN) stake reported as a control-seeking position?
The reporting persons certify that the 6,190,496 shares were not acquired and are not held to change or influence control of Kopin, other than activities solely in connection with a nomination under Rule 14a-11.
What percentage threshold is noted in the Kopin (KOPN) Schedule 13G/A filing?
The filing states ownership of 3.33% of Kopin’s common stock. Item 5 confirms this is ownership of 5 percent or less of the class, consistent with a Schedule 13G passive-style reporting position.