WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (Nasdaq: KOPN), a leading provider of innovative wearable computing technologies and solutions, 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 the Nasdaq’s letter dated June 11, 2020, Nasdaq has 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.
Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for military, industrial and consumer products. Kopin's technology portfolio includes ultra-small Active Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin's website at www.kopin.com.