Laser Photonics Announces Closing of Exercise of Warrants for $4 Million Gross Proceeds

Laser Photonics (NASDAQ:LASE) closed the cash exercise of previously issued warrants, raising approximately $4.0 million gross from exercises of up to 5,715,085 shares at an exercise price of $0.70 per share.

Rhea-AI Summary

Laser Photonics (NASDAQ:LASE) closed the cash exercise of previously issued warrants, raising approximately $4.0 million gross from exercises of up to 5,715,085 shares at an exercise price of $0.70 per share. The exercised shares are registered under an effective Form S-1.

In connection with the immediate cash exercises, the company issued private Series A-5 and Series A-6 warrants to purchase up to 4,742,860 and 6,687,310 shares respectively, with a $0.975 exercise price and varying expiration terms; a resale registration statement will be filed covering shares issuable upon exercise.

Positive

• Gross proceeds of approximately $4.0 million from warrant exercises
• Original exercised shares (5,715,085) are registered on Form S-1
• Net proceeds intended for working capital and general corporate purposes

Negative

• New private warrants cover 11,430,170 potential shares (A-5 + A-6)
• Series A-5/A-6 warrants are unregistered and require resale registration
• New warrants become exercisable only after stockholder approval, creating timing uncertainty

Argus Apr 29 session

-4.31% close to close Open Argus

Details

News Market Reaction – LASE

On Apr 29, the day this news came out, LASE closed 4.31% below the previous close.

Data tracked by StockTitan Argus for the Apr 29 session.

Key Figures

Gross proceeds: $4 million Exercised warrants: 5,715,085 shares Original exercise price: $0.70 per share +5 more

Gross proceeds

$4 million

Warrant exercise closed April 29, 2026 before fees and expenses

Exercised warrants

5,715,085 shares

Outstanding warrants exercised, originally issued February 2026

Original exercise price

$0.70 per share

Exercise price for February 2026 warrants

Series A-5 warrants

4,742,860 shares

New unregistered warrants issued as inducement

Series A-6 warrants

6,687,310 shares

New unregistered warrants issued as inducement

New warrant exercise price

$0.975 per share

Exercise price for new Series A-5 and A-6 warrants

Series A-5 term

5 years

Expires five years after stockholder approval and resale effectiveness

Series A-6 term

24 months

Expires twenty-four months after stockholder approval and resale effectiveness

Previous Offering Reports

4 past events · Latest: Apr 27

Same Type 4 events

1. Apr 27

   Warrant exercise deal

   24h Move

   -19.4%

   Announced immediate warrant exercises raising about $4.0M with new A-5/A-6 warrants.

2. Mar 17

   Warrant exercise closing

   24h Move

   -6.8%

   Closed reduced-price warrant exercises for about $1.5M and issued new A-3/A-4 warrants.

3. Mar 16

   Warrant exercise deal

   24h Move

   -18.0%

   Announced reduced-price warrant inducement raising about $1.5M and new A-3/A-4 warrants.

4. Feb 06

   Public equity offering

   24h Move

   -38.4%

   Priced $5.0M public unit offering with A-1 and A-2 warrants at $0.70.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

warrants, form s-1, placement agent, series a-5 warrants, +3 more

7 terms

warrants financial

"exercise of certain outstanding warrants to purchase up to an aggregate of 5,715,085"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

View in glossary

form s-1 regulatory

"issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1"

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

placement agent financial

"H.C. Wainwright & Co. acted as the exclusive placement agent for the offering."

A placement agent is a professional or firm that helps organizations raise money from investors, such as individuals, institutions, or funds. They act like matchmakers, connecting those seeking investments with the right investors and guiding the process to ensure successful funding. For investors, they can provide access to exclusive opportunities and help navigate complex fundraising efforts.

series a-5 warrants financial

"issued new unregistered Series A-5 warrants to purchase up to 4,742,860 shares"

Series A-5 warrants are a specific batch of legally issued rights that let the holder buy company shares at a fixed price for a set period, similar to a coupon that can be redeemed later for stock. They matter to investors because exercising them can increase the number of shares outstanding (dilution), affect ownership percentages and future earnings per share, and their potential value rises if the market price moves above the warrant exercise price.

series a-6 warrants financial

"and new unregistered Series A-6 warrants to purchase up to 6,687,310 shares"

Series A-6 warrants are a specific batch of tradable rights that give their holder the option to buy a company's shares at a predetermined price before a set expiry date; the “A-6” label simply distinguishes this group from other warrant issues. For investors, they matter because exercising them can bring the company cash but also increase the number of shares outstanding, which can dilute existing ownership — like a coupon that can be cashed in for new shares, changing both value and voting power.

private placement financial

"The new warrants described above were offered in a private placement pursuant to an applicable exemption"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

registration statement regulatory

"The Company has agreed to file a registration statement with the SEC covering the resale"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

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ORLANDO, FL / ACCESS Newswire / April 29, 2026 / Laser Photonics Corporation (NASDAQ:LASE) (the "Company"), a global leader in laser systems for industrial and defense applications, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 5,715,085 shares of common stock of the Company originally issued in February 2026, having an exercise price of $0.70 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (No. 333-292932). The gross proceeds to the Company from the exercise of the warrants were approximately $4 million, prior to deducting placement agent fees and estimated offering expenses.

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered Series A-5 warrants to purchase up to 4,742,860 shares of common stock and new unregistered Series A-6 warrants to purchase up to 6,687,310 shares of common stock. The new warrants have an exercise price of $0.975 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the new warrants. The Series A-5 new warrants will expire five years after the later of (i) the date of stockholder approval and (ii) the effective date of the Resale Registration Statement (as defined below) and the Series A-6 new warrants will expire twenty-four months after the later of (x) the date of stockholder approval and (y) the effective date of the Resale Registration Statement.

The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the "1933 Act") and, along with the shares of common stock issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission ("SEC") or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants (the "Resale Registration Statement").

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Laser Photonics Corporation
Laser Photonics Corporation (NASDAQ:LASE) is a global leader in 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 https://laserphotonics.com.

Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the receipt of stockholder approval and 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 a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption "Risk Factors" in our Form 10-K for the fiscal year ended December 31, 2025. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations.

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.

How much did Laser Photonics (LASE) raise from the April 29, 2026 warrant exercises?

Approximately $4.0 million gross was raised from the exercised warrants. According to the company, this figure is prior to placement agent fees and estimated offering expenses and reflects cash received from exercises of up to 5,715,085 shares at $0.70 each.

What new warrants did Laser Photonics issue after the warrant exercises (LASE)?

The company issued private Series A-5 and A-6 warrants covering 4,742,860 and 6,687,310 shares respectively. According to the company, the new warrants have a $0.975 exercise price and differing expiration periods tied to stockholder approval and resale registration effectiveness.

When can holders exercise the new Series A-5 and A-6 warrants for LASE shares?

New warrants will be exercisable beginning on the effective date of stockholder approval of the issuable shares. According to the company, exercisability is also conditioned on timing tied to the effective date of the planned resale registration statement.

How many total potential shares could be issued from the new LASE warrants?

The Series A-5 and A-6 warrants together could cover up to 11,430,170 shares of common stock. According to the company, these amounts are from the private placement tied to the immediate cash exercise of the earlier warrants.

What will Laser Photonics (LASE) use the warrant exercise proceeds for?

The company intends to use net proceeds for working capital and general corporate purposes. According to the company, proceeds from the offering will support ongoing operations and general corporate needs, subject to placement agent fees and offering expenses.