Announcement • May 08
Fabric.AI and Kopin Corporation Appoints Bill Maffucci as Head of Development for Neural I/o™ MicroLED Optical Fabric.AI announced the appointment of Bill Maffucci as Head of Development for the jointly developed Neural I/o chip program, a MicroLED-based optical interconnect that represents a cornerstone technology underpinning next-generation AI factory infrastructure. In this role, Maffucci will lead end-to-end development of the Fabric.AI /Kopin Neural I/o chip, a high-performance MicroLED optical interconnect designed to enable seamless, ultra-high-bandwidth communication between advanced AI systems and intelligent edge devices. Maffucci brings deep expertise in optics, product development, and strategic execution. He has spent over a decade at Kopin Corporation, where he currently serves as Senior Vice President of Product Development & Strategy, a role he assumed in December 2025 to accelerate the company's MicroLED and advanced interface technologies, including SBMC and Neural I/o initiatives. Prior to this role, Maffucci served as Senior Vice President of Business Development and Strategy, where he led key growth initiatives, partnerships, and M&A efforts. Earlier, as Vice President and General Manager, he oversaw operations and product commercialization from Kopin's Scotts Valley, California location, driving sustained expansion across multiple technology verticals. Before joining Kopin, Maffucci built a strong foundation in optical systems at Intevac Photonics, an early industry pioneer, where he developed expertise in advanced high performance optical sensors and optics that continues to inform his leadership in next-generation photonics and interface technologies. New Risk • May 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 1.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (173% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (US$5.45m market cap). Announcement • May 01
Fabric.AI, Inc., Annual General Meeting, Jun 12, 2026 Fabric.AI, Inc., Annual General Meeting, Jun 12, 2026. 
