Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 349

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 349
---
 third parties, including filings with the SEC;

    ●
    changes
    in financial estimates or ratings by any securities analysts who follow our common stock, our failure to meet these estimates or
    failure of those analysts to initiate or maintain coverage of our common stock;

    ●
    the
    development and sustainability of an active trading market for our common stock; and

    ●
    any
    future sales of our common stock by our officers, directors and significant stockholders.

In
addition, the securities markets have from time-to-time experienced significant price and volume fluctuations that are unrelated to the
operating performance of particular companies. These market fluctuations may also materially and adversely affect the market price of
our common stock.

If
our shares of common stock become subject to the penny stock rules, it would become more difficult to trade our shares.

The
SEC has adopted rules that regulate broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally
equity securities with a price per share of less than $5.00, other than securities registered on certain national securities exchanges
or authorized for quotation on certain automated quotation systems, provided that current price and volume information with respect to
transactions in such securities is provided by the exchange or system. If we do not obtain or retain a listing on the Nasdaq Capital
Market and if the price of our common stock is less than $5.00 per share, our common stock will be deemed a penny stock. The penny stock
rules require a broker-dealer, before effecting a transaction in a penny stock not otherwise exempt from those rules, to deliver a standardized
risk disclosure document containing specified information. In addition, the penny stock rules require that, before effecting any such
transaction in a penny stock not otherwise exempt from those rules, a broker-dealer must make a special written determination that the
penny stock is a suitable investment for the purchaser and receive (i) the purchaser’s written acknowledgment of the receipt of
a risk disclosure statement; (ii) a written agreement to transactions involving penny stocks; and (iii) a signed and dated copy of a
written suitability statement. These disclosure requirements may have the effect of reducing the trading activity in the secondary market
for our common stock, and therefore stockholders may have difficulty selling their shares.

33

FINRA
sales practice requirements may limit a stockholder’s ability to buy and sell our stock.

In
addition to the “penny stock” rules described above, FINRA