Laser Photonics Announces Closing of $7.9 Million Public Offering
Laser Photonics completes a $7.9 million stock and warrant financing to fund R&D, potential acquisitions, and working capital.
Rhea-AI Summary
Laser Photonics (LASE) closed a public offering on September 14, 2026, raising approximately $7.9 million in gross proceeds.
The offering consisted of 10,500,000 shares of common stock, Series B-1 warrants to purchase up to 10,500,000 shares, and Series B-2 warrants to purchase up to 10,500,000 shares, all sold at a combined public offering price of $0.75 per share and accompanying warrants. Both warrant series carry an exercise price of $0.75 per share and are exercisable upon issuance, with the Series B-1 warrants expiring five years from issuance and the Series B-2 warrants expiring twenty-four months from issuance. H.C. Wainwright & Co. acted as exclusive placement agent.
The company plans to use net proceeds for research and development of its laser-based technologies, acquisitions, and working capital. The securities were offered under an effective Form S-1 registration statement.
Positive
- Gross proceeds of ~$7.9 million from the offering before fees and expenses
- Sale of 10,500,000 shares at a combined price of $0.75 with attached warrants
- Warrants exercisable at $0.75 could provide additional capital if exercised
- Stated use of proceeds includes R&D, acquisitions, and working capital
Negative
- Issuance of 10,500,000 new shares dilutes existing shareholders
- Additional overhang from 21,000,000 new warrants (Series B-1 and B-2) on the common stock
News Explained
The completed financing adds 10,500,000 common shares and leaves two immediately exercisable warrant pools that could add more.
The offering closed on
The two warrant series are exercisable upon issuance and each covers up to
The offering's
At
The
Sources and calculations
- Laser Photonics Announces Closing of $7.9 Million Public Offering (2026-09-15)
- Dilution (2026-07-17)
- Laser Photonics second-quarter 2026 fundamentals (2026Q2)
- Laser Photonics 424B4 prospectus (2026-09-14)
- Offering gross against the last reported quarterly operating outflow, in days at that rate $7,900,000 / ($2,892,882 / 91) = 248.5 days
- Available liquidity against the last reported quarterly operating outflow, in days at that rate ($2,156,631 + $302,000) / ($2,892,882 / 91) = 77.3 days
Key Figures
- Common shares offered
- 10,500,000 shares
- Public offering closing
- Offering price
- $0.75 per share
- Combined with accompanying warrants
- Series B-1 warrants
- 10,500,000 warrants
- Exercisable at $0.75 per share
- Series B-2 warrants
- 10,500,000 warrants
- Exercisable at $0.75 per share
- Warrant exercise price
- $0.75 per share
- Warrants exercisable upon issuance
- Series B-1 expiration
- Five years
- From the date of issuance
- Series B-2 expiration
- Twenty-four months
- From the date of issuance
- Gross proceeds
- $7.9 million
- Before placement agent fees and offering expenses
Previous Offering Reports
-
Pricing of the same public offering established its share-and-warrant terms before closing.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
warrants financial
exercise price financial
placement agent financial
registration statement regulatory
form s-1 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
ORLANDO, FL / ACCESS Newswire / September 15, 2026 / Laser Photonics Corporation (NASDAQ:LASE) (the "Company"), a developer of laser systems for industrial and defense applications, today announced that it closed its previously announced public offering on September 14, 2026 of 10,500,000 shares of common stock, Series B-1 warrants to purchase up to 10,500,000 shares of common stock and Series B-2 warrants to purchase up to 10,500,000 shares of common stock, at a combined public offering price of
H.C. Wainwright & Co., LLC acted as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering were approximately
A registration statement on Form S-1 (File No. 333-298783) relating to the offering was declared effective by the Securities and Exchange Commission (the "SEC") on September 10, 2026. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC's website at https://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Laser Photonics Corporation
Laser Photonics Corporation (NASDAQ:LASE) is a developer of laser systems for industrial and defense applications. The Company develops and manufactures advanced laser technologies used in cleaning, surface preparation, and precision material processing across demanding operating environments. Laser Photonics serves a broad range of end markets, including defense and government, aerospace, energy, maritime, automotive, and advanced manufacturing. Through a combination of internal development, strategic acquisitions, and partnerships, the Company continues to expand its product portfolio and address new applications where performance, efficiency, and environmental considerations are critical. For more information, please visit laserphotonics.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including, without limitation, statements regarding the intended use of net proceeds from the offering. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. We encourage readers to review the "Risk Factors" in our Registration Statement and other filings with the SEC for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.
Investor Relations Contact
Lucas A. Zimmerman & Ian Scargill
MZ Group - MZ North America
(262) 357-2918
LASE@mzgroup.us
www.mzgroup.us
SOURCE: Laser Photonics Corp.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What securities were included in Laser Photonics' public offering and at what price?
The offering included 10,500,000 shares of common stock, Series B-1 warrants to purchase up to 10,500,000 shares, and Series B-2 warrants to purchase up to 10,500,000 shares. They were sold at a combined public offering price of $0.75 per share and accompanying warrants.
What are the key terms of the Series B-1 and Series B-2 warrants?
Both the Series B-1 and Series B-2 warrants have an exercise price of $0.75 per share and are exercisable upon issuance. The Series B-1 warrants expire five years from the date of issuance, while the Series B-2 warrants expire twenty-four months from the date of issuance.
How does Laser Photonics intend to use the net proceeds from the offering?
The company intends to use the net proceeds for research and development for its various laser-based technologies, for acquisitions, and for working capital.
Who acted as placement agent for the offering and how can investors obtain the final prospectus?
H.C. Wainwright & Co., LLC acted as the exclusive placement agent. Electronic copies of the final prospectus are available on the SEC's website at https://www.sec.gov. It may also be obtained from H.C. Wainwright & Co., LLC, 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or by e-mail at placements@hcwco.com.
Under what registration statement was this offering conducted and when was it declared effective?
The securities were offered under a registration statement on Form S-1 (File No. 333-298783), which was declared effective by the SEC on September 10, 2026.