Laser Photonics Announces Closing of $7.9 Million Public Offering of Stock and Warrants

Laser Photonics Corporation (NASDAQ: LASE) announced the closing of its public offering on September 14, 2026, which raised approximately $7.9 million in gross proceeds. The offering included shares of common stock along with two series of accompanying warrants. The company plans to use the net proceeds for research and development, acquisitions, and general working capital.

Key Details

• Gross Proceeds: Approximately $7.9 million, before deducting placement agent fees and other offering expenses.
• Offering Structure: The company sold 10,500,000 shares of common stock at a combined price of $0.75 per share and accompanying warrants.
• Warrant Terms: Each share was accompanied by a Series B-1 warrant (5-year term) and a Series B-2 warrant (24-month term), both with an exercise price of $0.75 per share.
• Use of Proceeds: Funds are intended for research and development, potential acquisitions, and working capital purposes.