SCHEDULE: Royce & Associates Cuts Kopin Stake Below 5%

Investment adviser Royce & Associates LP has reported reducing its beneficial ownership in Kopin Corporation to 4.68%, falling below the 5% threshold.

Summary

• Royce & Associates LP, an investment adviser, has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Kopin Corporation.
• The filing indicates beneficial ownership of 7,618,677 shares of Kopin Corporation's Common Stock.
• This represents 4.68% of the class of securities, which is below the 5% threshold.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 7,618,677 shares.
• The date of the event requiring this filing is September 30, 2025.
• Royce & Associates LP is based in New York and operates as an investment adviser.

Sentiment

Score: 4

Explanation: The filing indicates a reduction in Royce & Associates LP's beneficial ownership in Kopin Corporation to below 5%, which could be perceived as a slight negative signal, though it's a routine disclosure for passive investors.

Negatives

• Royce & Associates LP's beneficial ownership in Kopin Corporation has decreased to 4.68%, falling below the 5% threshold, implying a reduction in their stake.

Risks

• Royce & Associates LP disclaims any pecuniary interest in the securities reported in this Schedule 13G.
• Royce & Associates LP disclaims that it is the beneficial owner, as defined in Rule 13d-3, of any of the reported securities.
• Royce & Associates LP believes it is not a 'group' with Franklin Resources, Inc. (FRI) affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d-5.

Future Outlook

The filing does not contain any forward-looking statements or guidance from Kopin Corporation or Royce & Associates LP regarding the issuer's future performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect."

Industry Context

This filing is a routine disclosure of a passive investment stake by an institutional investor. It does not provide specific insights into broader industry trends or competitive landscape for Kopin Corporation.

Stakeholder Impact

• Shareholders: May view the reduction in institutional ownership to below 5% as a slight negative signal, potentially influencing investor sentiment.
• Kopin Corporation: No direct operational impact, but a large institutional investor reducing its stake could be noted by the market.

Key Dates

Recommendation

While a reduction in a significant institutional stake to below 5% is generally a slight negative signal, this filing is a routine disclosure for a passive investor. It does not provide fundamental insights into Kopin Corporation's operations or future prospects. Investors should hold and await further operational updates from the company.

Keywords

Kopin Corporation, Royce & Associates LP, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, SEC Filing, 500600101