Laser Photonics Announces $4 Million Private Placement Priced At-the-Market under Nasdaq Rules

Rhea-AI Summary

Laser Photonics (NASDAQ:LASE), a leader in industrial laser systems, has announced a $4 million private placement priced at-the-market under Nasdaq rules. The offering includes 1,098,902 common shares at $3.64 per share, along with two series of warrants.

The deal structure includes Series A warrants (5-year expiration) and Series B warrants (18-month expiration) to purchase up to 1,098,902 shares each at $3.40 per share. H.C. Wainwright & Co. serves as the exclusive placement agent. The offering, limited to accredited investors, is expected to close around September 26, 2025.

Positive

• Securing $4 million in additional capital through private placement
• Warrants priced at $3.40, below current share price, incentivizing exercise
• 5-year term on Series A warrants provides long-term funding potential

Negative

• Potential dilution from issuance of 1,098,902 new shares
• Additional dilution risk from 2,197,804 warrant shares if exercised
• Offering restricted to accredited investors, limiting participation

Insights

Financial Analyst

LASE secured $4M through a private placement with warrants, diluting existing shareholders while strengthening its cash position.

Laser Photonics has secured $4 million in financing through a private placement, structured as an at-the-market transaction under NASDAQ rules. The deal includes issuing 1,098,902 common shares at $3.64 per share, alongside two series of warrants that could lead to significant additional dilution. Both warrant series are priced at $3.40, with Series A expiring in five years and Series B in eighteen months.

This financing structure appears designed to provide immediate capital while potentially securing additional funding if the warrants are exercised. The placement price of $3.64 reflects current market valuation without a discount, which is somewhat positive for existing shareholders. However, if all warrants are eventually exercised, this would result in 2,197,804 additional shares entering the market, representing substantial dilution.

The capital raise suggests Laser Photonics requires additional funding for operations or expansion. While the company describes itself as a "global leader in industrial laser systems," this relatively modest raise might indicate cash flow challenges or a specific growth initiative requiring capital. The use of H.C. Wainwright as placement agent is typical for small-cap financings of this nature.

The registration rights agreement means these initially restricted shares will likely become freely tradable once the registration statements are filed and declared effective by the SEC. This could create additional selling pressure once these securities can be resold on the open market.

ORLANDO, FL / ACCESS Newswire / September 26, 2025 / Laser Photonics Corporation (NASDAQ:LASE) ("LPC" or the "Company"), $LASE, a global leader in industrial laser systems for cleaning and other material processing applications, today announced that it has entered into definitive agreements for an at-the-market private placement (under NASDAQ rules) for the issuance and sale of:

• 1,098,902 shares of its common stock, at a purchase price of $3.64 per share,

• Series A warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share,

• Series B warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share.

The warrants will be exercisable immediately upon issuance. The series A warrants will expire five years after issuance, and the series B warrants will expire eighteen months after issuance.

The aggregate gross proceeds to the Company from the offering are expected to be approximately $4 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about September 26, 2025, subject to the satisfaction of customary closing conditions.

The securities described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Act") and Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants sold in the offering, have not been registered under the Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. Pursuant to a registration rights agreement, the Company has agreed to file one or more registration statements with the SEC covering the resale of the unregistered securities to be issued in the offering.

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

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 leading global developer of industrial and commercial laser technologies for cleaning, cutting, engraving and marking. Our CleanTech product line remains the industry's only 100% environmentally friendly industrial laser cleaning solution and continues to serve as a cornerstone of our offerings targeting Aviation & Aerospace, Automotive, Defense/Government, Energy, Maritime and Space-Exploration sectors. Through the acquisitions of Beamer Laser Systems and Control Micro Systems (CMS), Laser Photonics has broadened its capabilities and expanded its portfolio into new markets, including laser systems for pharmaceutical and semiconductor manufacturing as well as broader industrial manufacturing applications. In addition, our strategic partnership with Fonon Technologies strengthens our position in defense and federal sectors and includes the co-development of its Laser Shield Anti-Drone (LSAD) systems, unlocking opportunities for next-generation defense applications. For more information, 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 completion of the offering, satisfaction of the closing conditions and use of proceeds therefrom. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. We encourage readers to review the "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other periodic reports we file with Securities and Exchange Commission for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

Investor Relations and Media Contact:
Brian Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR
(346) 396-8696
brian@haydenir.com

SOURCE: Laser Photonics Corp.

View the original press release on ACCESS Newswire

FAQ

What is the size and price of Laser Photonics (LASE) private placement?

Laser Photonics announced a $4 million private placement with shares priced at $3.64 per share, including 1,098,902 common shares.

What are the terms of LASE's warrant offering in the private placement?

The offering includes two series of warrants: Series A (5-year term) and Series B (18-month term), each allowing purchase of up to 1,098,902 shares at $3.40 per share.

When will Laser Photonics (LASE) private placement close?

The private placement is expected to close on or about September 26, 2025, subject to customary closing conditions.

Who is the placement agent for LASE's private placement?

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

What will Laser Photonics use the private placement proceeds for?

The press release does not specify the use of proceeds, but the company will receive approximately $4 million in gross proceeds before deducting placement agent fees and offering expenses.