Superconductor Technologies shareholder Kopp lifts stake to 12.34%

By Lisa Kerner

Charlotte, N.C., May 26 - A group of Superconductor Technologies Inc. investors led by Kopp Investment Advisors, LLC increased its ownership stake to 12.34% with the purchase of 313,900 additional shares.

The shares were acquired between March 10 and April 22 at prices from $2.91 to $3.33 per share, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Between March 10 and April 22, Kopp bought 114,000 shares priced from $1.00 to $3.08 per share, a prior SEC filing said.

Kopp owns a total of 2,307,500 common shares of Superconductor.

Based in Santa Barbara, Calif., Superconductor is a provider of wireless, adaptive-filtering and cryogenics technologies.

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