Laser Photonics names new acting CFO after ending MSA

Q: How much did Laser Photonics pay in connection with the CFO Portal termination?

Laser Photonics paid $50,000 to Roman Franklin under the Termination Agreement. This payment was consideration for waiving certain termination and insurance provisions in the prior Master Services Agreement dated May 7, 2026.

Laser Photonics Corporation reported a leadership change in its finance function.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Laser Photonics Corporation reported a leadership change in its finance function. On June 24, 2026, the company entered into a Termination Agreement with The CFO Portal, LLC, ending a May 7, 2026 Master Services Agreement under which CFO Portal’s CEO, Roman Franklin, had been serving as Principal Financial Officer for an initial six-month term. As part of this termination, Mr. Franklin received a $50,000 payment for waiving certain termination and insurance provisions.

The board appointed Ralph Venegas as Principal Financial Officer and Acting Chief Financial Officer. Venegas, age 54, is currently VP of Finance & Reporting at Fonon Quantum Technologies, Inc., where he joined on February 18, 2026, and has previously held controller, CFO, and audit leadership roles at several firms.

Insights

Laser Photonics replaces outsourced CFO role with an internal acting CFO, a routine governance adjustment.

Laser Photonics ended its short-term Master Services Agreement with The CFO Portal, under which an external executive had served as Principal Financial Officer. The company paid $50,000 to Roman Franklin in exchange for waiving certain termination and insurance provisions.

The board simultaneously appointed experienced finance executive Ralph Venegas as Principal Financial Officer and Acting Chief Financial Officer. This maintains continuity in the finance function, and the filing does not indicate broader strategic or financial changes beyond the leadership transition.

8-K Event Classification

2 items: 5.02, 9.01

2 items

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 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Termination payment: $50,000 Termination Agreement date: June 24, 2026 MSA date: May 7, 2026 +2 more

5 metrics

Termination payment $50,000 Paid to Roman Franklin under Termination Agreement

Termination Agreement date June 24, 2026 Date Laser Photonics entered Termination Agreement

MSA date May 7, 2026 Date of Master Services Agreement with The CFO Portal

New PFO age 54 years Age of Principal Financial Officer Ralph Venegas

Start at FQTI February 18, 2026 Date Venegas joined Fonon Quantum Technologies, Inc.

Key Terms

Principal Financial Officer, Master Services Agreement, Termination Agreement, Emerging growth company, +1 more

5 terms

Principal Financial Officer financial

"had agreed to serve as Principal Financial Officer of the Company for an initial six month term"

The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.

Master Services Agreement financial

"engaged by Laser Photonics under the terms of a May 7, 2026, Master Services Agreement"

A master services agreement is a standing contract that sets the main terms, responsibilities, pricing framework and processes for future work between two parties, allowing individual projects or orders to be added later without renegotiating core terms. For investors, it signals predictability and reduced legal friction around revenue streams and costs—like a subscription plan for services that makes future income and obligations easier to forecast and value.

Termination Agreement financial

"On June 24, 2026, the Registrant entered into a Termination Agreement with The CFO Portal, LLC"

A termination agreement is a written contract that formally ends a prior agreement between two or more parties and sets the terms for how obligations, payments, and rights are resolved when that relationship stops. It matters to investors because it can change a company’s future cash flows, liabilities, legal exposure and access to assets or services—like the paperwork you sign when you break a lease that also settles who pays what and who keeps what.

Emerging growth company regulatory

"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Acting Chief Financial Officer financial

"appointed Ralph Venegas ... as Principal Financial Officer and Acting Chief Financial Officer of Laser Photonics"

FAQ

What executive change did Laser Photonics (LASE) disclose in this 8-K?

Laser Photonics ended its arrangement with The CFO Portal, LLC and appointed Ralph Venegas as Principal Financial Officer and Acting Chief Financial Officer, replacing external CFO services with an internally designated finance leader.

How much did Laser Photonics pay in connection with the CFO Portal termination?

Laser Photonics paid $50,000 to Roman Franklin under the Termination Agreement. This payment was consideration for waiving certain termination and insurance provisions in the prior Master Services Agreement dated May 7, 2026.

Who is the new Acting CFO of Laser Photonics (LASE)?

The new Acting Chief Financial Officer and Principal Financial Officer is Ralph Venegas. He also serves as VP of Finance & Reporting at Fonon Quantum Technologies, Inc., bringing prior controller, CFO, and audit leadership experience.

What was the prior arrangement for Laser Photonics’ Principal Financial Officer role?

Laser Photonics previously engaged The CFO Portal, LLC under a May 7, 2026 Master Services Agreement. Its CEO, Roman Franklin, agreed to serve as Principal Financial Officer for an initial six-month term before the parties executed the Termination Agreement.

Does the filing mention why the CFO services agreement was terminated?

The filing states that Laser Photonics and The CFO Portal entered into a Termination Agreement with customary provisions. It describes the payment and waiver of certain rights but does not provide specific reasons for ending the Master Services Agreement.

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

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Accepted by SEC EDGAR 06/25/2026 - 10:24 AM

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): June 24, 2026

Laser Photonics Corporation

(Exact name of registrant as specified in its charter)

Delaware	001-41515	84-3628771
(State of other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	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

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 (see General Instruction A.2. below):

☐	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		Name of exchange on which registered
Common Stock, par value $0.001 per share		LASE		The NASDAQ Stock Market LLC

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 June 24, 2026, the Registrant (“Laser Photonics”) entered into a Termination Agreement with The CFO Portal, LLC (the “CFO Portal”) that had been engaged by Laser Photonics under the terms of a May 7, 2026, Master Services Agreement (“MSA”) under which Roman Franklin, the founder and Chief Executive Officer of the CFO Portal, had agreed to serve as Principal Financial Officer of the Company for an initial six month term. The Termination Agreement provides customary termination provisions for persons formerly serving in executive positions and under which Mr. Franklin received a payment of $50,000 for waiving certain termination and insurance provisions of the MSA.

The Board of Directors of Laser Photonics has, appointed Ralph Venegas, currently VP of Finance & Reporting at Fonon Quantum Technologies, Inc. (“FQTI”), as Principal Financial Officer and Acting Chief Financial Officer of Laser Photonics.

Mr. Venegas, age 54, joined FQTI on February 18, 2026. Prior to FQTI, since March 2024 Mr. Venegas was Financial Controller and Acting CFO of Summit Aerospace, Inc. From October 2023 to March 2024, Mr. Venegas provided fractional CFO services and from April 2013 to July 2023 he was Audit Director & Outsourced Accounting Director for Brody and Associates, a regional public accounting firm. From August 2011 to January 2013, Mr. Venegas was Controller of Domus LLC, a home building company. Prior to his role with Domus LLC, Mr. Venegas was an Audit Manager for public companies at Berkovits Lago & Co. from June 2008 to July 2010 and Audit Supervisor with Weinberg & Company from August 2003 to May 2008 and with KPMG from September 2000 to June 2003. Mr. Venegas received his AB in Accounting from the Universidad La Salle and his Maser of Accounting from Nova Southeastern University.

Item 9.01 Financial Statements and Exhibits.

Exhibits

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

-2-

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 thereunto duly authorized.

Date:	June 25, 2026	Laser Photonics Corporation

		By:	/s/ Ann Tewari
			Ann Tewari
			Interim President

-3-

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents

Laser Photonics names new acting CFO after ending MSA

Rhea-AI Filing Summary

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