Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 627

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 2
Chunk 627
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UER PURCHASES OF EQUITY SECURITIES

    (a)
    Market
    Information. Our common stock is traded on the NASDAQ with the ticker symbol “LASE”.

    (b)
    Stockholders.
    As of March 14, 2025, there were nine registered holders of our common stock.

    (c)
    Dividends.
    We paid a one-time stock dividend on December 31, 2021, but we do not intend to pay any dividends in the foreseeable future.

    (d)
    Securities
    Authorized for Issuance under Equity Compensation Plans.

The
following table provides information about the common stock that may be issued upon the exercise of options, warrants and rights under
all of the Company’s existing equity compensation plans as of December 31, 2024.

    Plan
    Category 
    Number of
                                                                                                  Securities to be Issued upon Exercise of Outstanding
                                                                                Options, warrants
 and
                                                                                rights  
    Weighted-
    Average
    Exercise Price
 of Outstanding
    Options, warrants
    and rights  
    Number
    of
    Securities
    Remaining
 Available for 
Future Issuance
    Under Equity
    Compensation 
Plans (excluding
    securities reflected
    in the first column) 
  
    Equity compensation
    plans approved by security holders 
     —  
     —  
      — 
  
    Equity
    compensation plans not approved by security holders 
     —  
      —  
     10,000,000 
  
    Total 
     —  
     —  
     10,000,000 

(1)
In December 2019 our Board of Directors and a majority of our shareholders approved a 2019 Stock Incentive Plan and authorized the issuance
of up to 10,000,000 shares under this plan.

Use
of Proceeds

On
October 4, 2022, the Company closed on an IPO in which it issued 3,000,000 additional shares of common stock at an offer price of $5.00
per share. The shares trade on the NASDAQ under the ticker symbol, “LASE.” Including this issuance, there were 7,878,419
shares outstanding as of December 31, 2022.

The
remaining planned use of proceeds has not changed since the initial public offering.

Recent
Sales of Unregistered