Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 318

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 318
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 consuming, and an unfavorable outcome
in that litigation could harm our business.

Some
provisions of our certificate of incorporation and bylaws may deter takeover attempts, which may inhibit a takeover that stockholders
consider favorable and limit the opportunity of our stockholders to sell their shares at a favorable price.

Our
indemnification of our officers and directors may cause us to use corporate resources to the detriment of our stockholders.

Provisions
in our certificate of incorporation and bylaws and Delaware law may have the effect of discouraging lawsuits against our directors and
officers.

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

Risks
Related to our Business and Our Industry

We
may need to raise additional capital.

If,
in the future, we are not able to generate sufficient revenues from operations and our capital resources are insufficient to meet future
requirements, we may have to raise additional funds to allow us to continue to commercialize, market and sell our products. We cannot
be certain that funding will be available on acceptable terms or at all. To the extent that we raise additional funds by issuing equity
securities, our stockholders may experience dilution. Any debt financing, if available, may involve restrictive covenants that may impact
on our ability to conduct business or return capital to investors. If we are unable to raise additional capital if required or on acceptable
terms, we may have to significantly scale back, delay or discontinue the development and/or commercialization of our laser-based cleaning
products, restrict our operations or obtain funds by entering into agreements on unattractive terms.

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Table Of Contents

If
our proposed marketing efforts are unsuccessful, we may not earn enough revenue to scale the business profitably.

Our
success will depend on investment in marketing resources and the successful implementation of our marketing plan. Our marketing plan
involves attendance at trade shows, conducting private demonstrations, utilizing promotional materials, and employing advertising campaigns
in print and/or broadcast media. We cannot give any assurance that our marketing efforts will be successful. If they are not, revenue
may be insufficient to cover our growing fixed costs and we may suffer a reduction in profitability.

We
have a large amount of intangible assets,