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sokol

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Wednesday, 04/26/2017 5:45:55 PM

Wednesday, April 26, 2017 5:45:55 PM

Post# of 141
Kopin Completes Strategic Agreement with Goertek

Business Wire Business WireApril 24, 2017
WESTBOROUGH, Mass.--(BUSINESS WIRE)--

Kopin Corporation (KOPN) (“Kopin”) today announced that it has closed its previously announced transaction with Goertek Inc. (“Goertek”), receiving approximately $24.6 Million dollars in gross proceeds from Goertek in exchange for issuing approximately 7.6 million shares of Kopin stock. Goertek is a leading innovative global technology company headquartered in Weifang China that designs and manufactures a range of consumer electronics products for brand customers including wearables, virtual and augmented reality (VR and AR) headsets, and audio products.
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