Laser Photonics Corporation is registering up to 11,830,226 shares of Common Stock for resale by existing holders. These shares are issuable from 4,742,860 Series A-5 warrants and 6,687,310 Series A-6 warrants, each with a $0.975 exercise price, plus 400,056 placement agent warrants.
The company will not receive proceeds from stockholder sales but may receive cash if warrants are exercised. Shares outstanding were 47,647,622 as of June 23, 2026, and would rise to 55,077,792 if all registered warrants are exercised. The stock trades on Nasdaq as “LASE,” last at $1.35 on July 9, 2026.
Laser Photonics manufactures photonics-based industrial laser systems serving government, Fortune 1000 and smaller businesses. Sales were $8.3 million in 2025 versus $3.4 million in 2024, while first-quarter 2026 net sales declined to $0.9 million from $2.3 million a year earlier due to lower equipment deliveries and project timing.
Laser Photonics Corporation is registering up to 11,830,226 shares of common stock for resale by existing security holders. The shares consist of 4,742,860 underlying Series A-5 warrants, 6,687,310 underlying Series A-6 warrants, and 400,056 underlying placement agent warrants, all with an exercise price of $0.975 per share. The warrants become exercisable beginning on June 26, 2026 and have terms of five years (Series A-5 and related placement agent warrants) or 24 months (Series A-6) after the later of that date and the effectiveness of this registration. The company will not receive proceeds from any resales by the selling stockholders, but may receive cash if the warrants are exercised. Common stock was 47,647,622 shares outstanding as of June 23, 2026. Laser Photonics reported $8.3 million in sales for 2025 versus $3.4 million in 2024 and first-quarter 2026 net sales of $0.9 million versus $2.3 million a year earlier.
Laser Photonics Corporation held a special stockholder meeting on June 26, 2026, where stockholders approved two Warrant Inducement Agreements dated March 15, 2026 and April 26, 2026. These approvals satisfy the stockholder approval condition required under applicable Nasdaq listing rules for the Company’s new Series A-5 and Series A-6 common stock purchase warrants.
As of the May 13, 2026 record date, 38,568,263 shares of common stock were outstanding and entitled to vote, with 14,300,930 shares, or 37.08%, represented at the meeting. The March 15 agreement received 14,183,036 votes for, 106,775 against, and 11,119 abstentions. The April 26 agreement received 14,146,320 votes for, 143,491 against, and 11,119 abstentions. With stockholder approval obtained, the Series A-5 and Series A-6 warrants are now exercisable in accordance with their terms.
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.
Laser Photonics Corporation announced a management change as President and CEO Wayne Tupuola informed the Board and employees that he will take a three-month leave of absence for health reasons. The Board appointed Ann Tewari, currently Executive Vice President of Global Operations and Strategy, as Interim President to lead the company during his absence.
Laser Photonics Corporation reported that Nasdaq has confirmed the company has regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports. The decision follows Laser Photonics’ filing of its delayed Form 10-Q for the quarter ended March 31, 2026 on June 11, 2026.
Nasdaq had previously notified the company on May 21, 2026 that it was not in compliance due to the late filing. With the June 12, 2026 compliance letter, Nasdaq has closed the matter and the company’s Nasdaq listing is no longer under a filing-related deficiency notice.
Laser Photonics Corporation reported a weak first quarter of 2026 with sharp revenue declines, continued losses, and ongoing liquidity pressures. Net sales fell to $915,553 from $2,290,282 a year earlier, and gross margin swung to a 42.4% loss as lower volume failed to absorb fixed manufacturing costs.
The company posted a net loss of $2,946,284, and a loss attributable to common shareholders of $4,458,764 after a deemed dividend from a warrant inducement. Operating cash outflow was $1,842,774, partly offset by $2,918,009 of net financing inflows from a February 2026 public offering, warrant exercises, and new short-term debt.
At March 31, 2026, Laser Photonics had cash of $1,627,600 and a working capital deficit of about $4.0M. Management and the independent auditor concluded that recurring losses, negative cash flows, and the working capital deficit raise substantial doubt about the company’s ability to continue as a going concern, despite recent capital raises and debt repayments. Material weaknesses in internal control over financial reporting remain unresolved, and the company recently received—but believes it has cured—a Nasdaq notice related to delayed filing.
Laser Photonics Corporation reported a weaker first quarter of 2026 but with a stronger balance sheet and growing defense opportunities. Net sales were $0.9 million, down from $2.3 million a year earlier, as equipment delivery timing reduced near-term revenue and led to a $0.4 million gross loss versus $0.9 million gross profit previously.
Total operating expenses were $2.4 million, essentially flat with $2.5 million in the prior-year quarter, while net loss widened to $2.9 million, or $(0.11) per share, compared with a $1.7 million loss, or $(0.12) per share. The company ended the quarter with $1.6 million in cash, up from $0.7 million at December 31, 2025.
The company raised approximately $6.1 million in net proceeds during the quarter and a further $3.6 million in April 2026 through a public offering and warrant inducements, using the funds to repay all past-due notes payable and improve working capital. Contract liabilities and deferred revenue rose to about $4.2 million combined, reflecting an expanding order book. Operationally, the Laser Shield Anti-Drone System was selected under the MEIA “Vulcan” Call for Solutions and a new DefenseTech product line was launched, while manufacturing consolidation into the Lake Mary facility is expected to generate nearly $1 million in annualized cost savings.
Laser Photonics Corporation is calling a virtual special shareholder meeting on June 26, 2026 to approve two warrant inducement agreements entered in March and April 2026. These agreements have already brought in gross proceeds of $1,483,520.40 and $4,000,559.50 and could lead to additional financing if follow-on warrants are exercised.
The proxy also highlights that sales rose to $8.3 million for the year ended December 31, 2025, up from $3.4 million in 2024, and that 38,568,263 common shares were outstanding as of May 13, 2026. A controlled shareholder group led by ICT Investments and its affiliates holds a significant voting stake, and the filing describes related-party loans and a common-control asset acquisition using 3,000,000 restricted shares. Shareholders are urged by the Board to vote “FOR” both warrant inducement proposals.