Feb 06, 2026 (MarketLine via COMTEX) --
Laser Photonics Corporation priced a public offering of approximately 7.14 million common shares (or pre-funded warrants) with accompanying Series A-1 and A-2 warrants at a combined price of $0.70 per share.
Laser Photonics Corporation (NASDAQ:LASE) (the "Company"), a global leader in laser systems for industrial and defense applications, today announced the pricing of a public offering of 7,142,858 shares of common stock (or pre-funded warrants in lieu thereof), Series A-1 warrants to purchase up to 7,142,858 shares of common stock and Series A-2 warrants to purchase up to 7,142,858 shares of common stock, at a combined public offering price of $0.70 per share (or pre-funded warrant in lieu thereof) and accompanying warrants. The warrants will have an exercise price of $0.70 per share and will be exercisable upon issuance. The Series A-1 warrants will expire five years from the date of issuance and the Series A-2 warrants will expire twenty-four months from the date of issuance. The closing of the offering is expected to occur on or about February 9, 2026, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering are expected to be approximately $5 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for research and development for the Company's various laser-based technologies, repayment of the unsecured promissory notes under the Note Purchase Agreement dated September 12, 2025, that include a default premium and default interest rate, acquisitions and working capital.
A registration statement on Form S-1 (File No. 333-292932) relating to the offering was declared effective by the Securities and Exchange Commission (the "SEC") on February 6, 2026. The offering is being made only by means of a prospectus forming part of the effective registration statement relating to the offering. A preliminary prospectus relating to the offering has been filed with the SEC.
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall
not be liable for errors or delays in the content, or for any actions
taken in reliance thereon
COMTEX_474444298/2227/2026-03-01T06:00:25
Copyright (C) 2026 Datamonitor. All rights reserved
