Laser Photonics prices 1.1M shares at $3.64 in private placement

Laser Photonics (LASE) entered into definitive agreements for an at-the-market private placement for the issuance and sale of: 1,098,902 shares of its common stock, at a purchase price of $3.64 per share, Series A warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share, Series B warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share. The warrants will be exercisable immediately upon issuance. The series A warrants will expire five years after issuance, and the series B warrants will expire eighteen months after issuance. The aggregate gross proceeds to the Company from the offering are expected to be approximately $4 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about September 26, 2025, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.