Kopin Announces Pricing of $8 Million Underwritten Offering

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (Nasdaq: KOPN), a leading developer of innovative wearable computing technologies and solutions, today announced the pricing of an underwritten public offering of 7,272,727 shares of its common stock at an offering price of $1.10 per share, and for gross proceeds of approximately $8 million. All shares of common stock sold in the offering are being sold by Kopin. In addition, Kopin has granted the underwriters a 30-day option to purchase up to an aggregate of an additional 1,090,909 shares of its common stock offered at the public offering price to cover overallotments, if any.