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Laser Photonics appoints Adhav and Peterman to board

Their disclosed backgrounds span public-company governance and capital markets, as well as electro-optical devices used in directed-energy systems.

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Form Type
8-K

Rhea-AI Filing Summary

Laser Photonics Corp. appointed Sanjay Adhav and Timothy A. Peterman, its Chief Financial Officer, as directors effective November 3, 2026, filling two existing Board vacancies. Each director will hold office in accordance with the company’s Certificate of Incorporation and Bylaws.

Peterman has more than three decades of leadership and board experience across publicly traded technology, media and telecommunications companies, including in capital markets, corporate governance, SEC compliance and mergers and acquisitions. Adhav, President of Quantum Technology, Inc. since 2013, has more than four decades of experience designing and manufacturing quantum components based on non-linear crystals and Pockels effects. The company stated that neither appointment arose from an arrangement or understanding with another person and neither appointee is party to a related-person transaction requiring disclosure.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Board vacancies 2 vacancies Filled by the appointments.
Peterman leadership and board experience More than three decades Across publicly traded technology, media and telecommunications companies.
Adhav design and manufacturing experience More than four decades Experience with quantum components based on non-linear crystals and Pockels effects.
Adhav presidency at Quantum Technology, Inc. Since 2013 Adhav serves as President.
directed-energy systems technical
"electro-optical devices used in advanced directed-energy systems"
Directed-energy systems are technologies that concentrate energy—such as lasers, microwaves, or particle beams—into a focused beam to heat, disable, or destroy targets much like a magnifying glass focuses sunlight to burn a small spot. They matter to investors because they often require large, steady funding, specialized manufacturing and long development times, so breakthroughs or contracts can sharply affect a company’s revenue prospects while technical, regulatory and safety hurdles create significant risk.
Pockels cells technical
"advanced quantum components, including Pockels cells"
Q-switching technical
"high-power laser Q-switching technologies"
Q-switching is a method that makes a laser emit very short, intense bursts of light instead of a steady beam, similar to turning a camera flash into a pinpoint, high-power pulse. For investors, it matters because that pulse style changes how well laser devices treat conditions, affects safety, drives product differentiation, and can influence sales, regulatory approvals, and ongoing service or consumable revenue for medical and cosmetic device makers.
Bulk-to-Shape technology technical
"development of Bulk-to-Shape technology"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who did LASE appoint to its board, and when do they take office?

LASE appointed Sanjay Adhav, President of Quantum Technology, Inc., and Timothy A. Peterman, its Chief Financial Officer, as directors effective November 3, 2026. The appointments fill two existing vacancies.

What experience do LASE’s new directors have?

Timothy A. Peterman previously served as CEO of iMedia Brands, Inc. from 2019 to 2023 and as its CFO from 2015 to 2018. Sanjay Adhav has served as President of Quantum Technology, Inc. since 2013 and has experience with electro-optical devices used in advanced directed-energy systems.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 3, 2026

 

LASE Corp.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41515   84-3628771

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

250 Technology Park

Lake Mary, FL

  32746
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (407) 804-1000

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.01   LASE   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On November 3, 2026, the Board of Directors (the “Board”) of LASE Corp. (the “Company”) appointed Sanjay Adhav and Timothy A. Peterman, the Company’s Chief Financial Officer, as directors to fill two existing vacancies of the Board, effective immediately. Each director will hold office in accordance with the Company’s Certificate of Incorporation and Bylaws.

 

There are no arrangements or understandings between either Mr. Adhav or Mr. Peterman and any other person pursuant to which either were appointed as a director of the Company. Neither Mr. Peterman nor Mr. Adhav is a party to any transaction with any related person required to be disclosed pursuant to Item 404(a) of Regulation S-K.

 

Item 7.01 Regulation FD Disclosure.

 

On November 9, 2026, the Company issued a press release announcing the appointments of Mr. Adhav and Mr. Peterman. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated in this Item 7.01 by reference.

 

The information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section, and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number   Description
99.1   Press release, dated November 9, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LASE Corp.
     
Dated: November 9, 2026 By: /s/ Dmitri Nikitin
  Name: Dmitri Nikitin
  Title: Executive Chairman

 

 

 

 

Exhibit 99.1

 

 

LASE Strengthens Board of Directors with Appointments of Tim Peterman and Sanjay Adhav

 

New directors bring public-company board experience and quantum mechanics expertise

 

ORLANDO, Fla., November 9, 2026 — LASE Corp. (NASDAQ: LASE), an emerging laser technology company developing quantum mechanics applications for the defense, pharmaceutical, semiconductor and industrial markets (the “Company”), today announced the appointment of Tim Peterman, the Company’s Chief Financial Officer, and Sanjay Adhav, President of Quantum Technology, Inc., to its Board of Directors (the “Board”), effective November 3, 2026. The appointments fill two existing vacancies on the Board.

 

Executive Chairman Commentary – Dmitri Nikitin

 

Tim Peterman

 

“Tim brings strong public-company board experience in Nasdaq governance, SEC compliance, capital markets, mergers and acquisitions, and shareholder accountability. His appointment adds critical expertise to our Board, which historically has had limited experience in these areas.”

 

Mr. Peterman brings more than three decades of leadership and board experience across publicly traded technology, media and telecommunications companies, with extensive expertise in capital markets, corporate governance, SEC compliance and mergers and acquisitions. He served as Chief Executive Officer of iMedia Brands, Inc., a Nasdaq-listed media company, from 2019 to 2023, and served as Director from 2020 to 2023, after serving as its Chief Financial Officer from 2015 to 2018. He previously held senior finance positions at The E.W. Scripps Company, IAC/InterActiveCorp and The Tribune Company. He began his career at KPMG in Chicago. He holds a Bachelor of Science in accounting from the University of Kentucky and is a certified public accountant with an inactive license.

 

Sanjay Adhav

 

“Sanjay’s brings the kind of experience and relationships we need to continue to develop our directed energy platform, Quantum Bullet™. His expertise with non-linear crystals energy storage solutions, advanced quantum components, including Pockels cells, Q-switches, pulse isolators, high-voltage drivers and amplifiers, are invaluable to the success of our business, our culture and our platforms. “

 

Mr. Adhav has more than four decades of experience in design and manufacture of Patented quantum Components, based on non-linear crystals and Pockels effects. Since 2013, Mr. Adhav has served as President of Quantum Technology, Inc., which develops and manufactures electro-optical devices used in advanced directed-energy systems. Mr. Adhav holds a Bachelor of Science degree in Electrical Engineering from the University of Toronto and has co-authored technical research published in Applied Optics and Applied Physics Letters, covering coherent optical modulation and high-power laser Q-switching technologies. Mr. Adhav has also contributed to the development of Bulk-to-Shape technology, including work on the preparation of patent applications relating to the technology.

 

 
 

 

About LASE Corp.

 

LASE Corp. (NASDAQ: LASE) is an emerging laser technology company developing quantum mechanics applications for defense, pharmaceutical, semiconductor and industrial markets. Through internal development, strategic acquisitions and partnerships, LASE intends to expand its advanced manufacturing capabilities, scale the enterprise profitably and build shareholder value. For more information on LASE Corp. and its brands, please visit www.lase.com.

 

Cautionary Note Concerning Forward-Looking Statements

 

This press release contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the anticipated contributions of the Company’s newly appointed directors, the Company’s efforts to strengthen its governance, financial reporting and internal controls, the development, planned introduction and commercialization of the Company’s Quantum Bullet™ anti-drone platform and Laser Shield Anti-Drone Series, the advancement of the Company’s directed-energy technology platform and engineering capabilities, the Company’s ability to execute on its strategic priorities, and the Company’s plans, prospects, potential results and other statements that are not historical facts. These forward-looking statements are often identified by the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “would” and similar expressions, although not all forward-looking statements contain these words. These statements are based on current expectations and assumptions as of the date of this press release and involve a number of risks and uncertainties, which may cause actual results to differ materially from those indicated or implied by these forward-looking statements. These risks include, without limitation, those described in the “Risk Factors” sections of filings and reports the Company makes with the Securities and Exchange Commission from time to time, including, without limitation, the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as such factors may be updated from time to time in the Company’s other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. Readers are urged to carefully review those risk factors, as well as other cautionary statements that are made from time to time in the Company’s other SEC filings. 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

 

Company Investor Relations

 

InvestorRelations@laserphotonics.com

 

 

 

Filing Exhibits & Attachments

5 documents

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