Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music

Kopin Corporation Regains Compliance with Nasdaq Minimum Bid Price Requirement

WESTBOROUGH, Mass.–(BUSINESS WIRE)–Kopin Corporation (Nasdaq: KOPN), a leading provider of application-specific optical solutions and high-performance microdisplays for defense, enterprise, consumer, and medical products, today announced that it has received a letter from The Nasdaq Stock Market (“Nasdaq”) informing that Kopin Corporation (Kopin) has regained compliance with Nasdaq’s minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”).


According to Nasdaq’s letter, Nasdaq had determined that for 10 consecutive business days, the closing bid price of the Kopin’s common stock has been at $1.00 per share or greater. Accordingly, Kopin has regained compliance with the Minimum Bid Price Requirement.

About Kopin

Kopin Corporation is a leading developer and provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays, microdisplays subassemblies and related components for defense, enterprise, industrial, and consumer products. Our products are used for soldier, avionic, armored vehicle, and training & simulation defense applications; industrial, public safety and medical headsets; 3D optical inspection systems; and consumer augmented reality (“AR”) and virtual reality (“VR”) wearable headsets systems. For more information, please visit Kopin’s website at www.kopin.com

Contacts

For Investor Relations
Kopin Corporation

Richard Sneider, 508-870-5959

Treasurer and Chief Financial Officer

rsneider@kopin.com

MZ Contact
Brian M. Prenoveau, CFA

MZ Group – MZ North America

KOPN@mzgroup.us
+561 489 5315

Staff

Recent Posts

WiMi is Working on a Blockchain-Enhanced Federal Learning Privacy-Preserving Mechanism

BEIJING, Nov. 1, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the…

7 hours ago

Peloton Launches New Multi-Phase Creative Campaign to Drive Demand Among New Audiences

The first phase of the Find your push. Find your power. campaign features football player…

7 hours ago

Excitement Soars During the World-Renowned Macy’s Thanksgiving Day Parade® as the Holiday Season Officially Begins

Acclaimed actress Alison Brie, the Macy’s Gift Guide, to kick off the Parade The Macy’s…

14 hours ago

Pro-Ject Announces The Launch Of The Classic Reference Turntable

Beautiful & Balanced-Ready Mistelbach, Austria – October 28th, 2024 – Pro-Ject Audio Systems introduces The…

1 day ago

This Week in Tech News: 15 Stories You Need to See

A roundup of the most newsworthy tech announcements from PR Newswire this week, including Dolby's…

1 day ago