Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 346

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 346
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 duty or liability created by the Securities Act or the rules and regulations thereunder. Accordingly, there is uncertainty as to
whether a court would enforce such a forum selection provision as written in connection with claims arising under the Securities Act.
Any person or entity purchasing or otherwise acquiring any interest in shares of our capital stock is deemed to have notice of and consented
to the foregoing provisions. This forum selection provision in our bylaws may limit our stockholders’ ability to obtain a favorable
judicial forum for disputes with us. It is also possible that, notwithstanding the forum selection clause included in our bylaws, a court
could rule that such a provision is inapplicable or unenforceable.

The
obligations associated with being a public company require significant resources and management attention, which may divert from our
business operations.

We
are subject to the reporting requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and The
Sarbanes-Oxley Act of 2002, or the Sarbanes-Oxley Act. The Exchange Act requires that we file annual, quarterly and current reports with
respect to our business and financial condition, proxy statement, and other information. The Sarbanes-Oxley Act requires, among other
things, that we establish and maintain effective internal controls and procedures for financial reporting. Our Chief Executive Officer
and Chief Financial Officer will need to certify that our disclosure controls and procedures are effective in ensuring that material
information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and
reported within the time periods specified in SEC’s rules and forms. We may need to hire additional financial reporting, internal
controls and other financial personnel to develop and implement appropriate internal controls and reporting procedures. As a result,
we will incur significant legal, accounting and other expenses. Furthermore, the need to establish the corporate infrastructure demanded
of a public company may divert management’s attention from implementing our growth strategy, which could prevent us from improving
our business, results of operations and financial condition. We have made, and will continue to make, changes to our internal controls
and procedures for financial reporting and accounting systems to meet our reporting obligations as a public company. However, the measures
we take may not be sufficient to satisfy our obligations as a public company. In addition, we cannot predict or estimate the amount of
additional costs we may incur to comply with these requirements. We anticipate that these costs will materially