Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 229

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1
Chunk 229
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 agreement with an affiliated company, Fonon Technologies, Inc., which is majority-owned by
ICT Investments, for an exclusive, worldwide, nontransferable license for high power turbo piercing (“Cold Cutting”) laser
cutting technology and any improvements to such technology to allow us to manufacture, sell, export and import products incorporating
such technology in return for our paying a license fee of $350,000 in cash and a one-time grant of 1,000,000 restricted shares of our
common stock to ICT Investments.

On
May 21, 2024 we entered into a license agreement with Fonon Corporation to receive an exclusive, worldwide, sublicensable license to
Fonon’s laser material processing equipment and technology, including all applications of laser cutting, marking, engraving, laser
welding, brazing, ablation, laser drilling, semiconductor chip marking, semiconductor and flat panel display laser processing equipment,
all other laser material processing equipment documented or existing in a form of knowhow and/or trade secrets in return for 3,000,000
restricted shares of our   common stock.

On
September 6, 2024, 1,500,000 Shares of Common stock were issued under PIPE Offering with Aegis Capital Cop. As Agent. The overall deal raised $3,000,000 gross for the company

On
September 10, 2024, 61,968 Shares of Common Stock were issued under a Cashless Exercised Warrants for Alexander Capital Specialists,
related to the IPO in October 2022.

On
October 21, 2024, Warrants were exercised, and 255,000 Shares of Common stock were issued under PIPE Offering with Aegis Capital Cop.
As Agent. This resulted in funds to the company of $1,018,164.

On
October 23, 2024, Warrants were exercised, and 175,000 Shares of Common stock were issued under PIPE Offering with Aegis Capital
Cop. As Agent This resulted in funds to the
company of $698,740

On
November 26, 2024, Warrants were exercised, and 20,000 Shares of Common stock were issued under PIPE Offering with Aegis Capital Cop.
As Agent. This resulted in funds to the company of $79,856.

On
January 22, 2025 as a condition of the acquisition of Control Micro Systems Laser Wind Down, Inc was issued 18,692 shares of our common
stock for