Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 191

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1
Chunk 191
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 raise substantial
doubt about the Company’s ability to continue as a going concern. Management’s plans regarding these matters are also described
in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

14

Our
international business exposes us to geo-political and economic factors, regulatory requirements and other risks associated with doing
business in foreign countries.

Our
success may depend on our ability to obtain and protect the proprietary information on which we base our laser-based cleaning equipment.
The patent application process is expensive and time-consuming, and we and our current or future licensors and licensees may not be able
to prepare, file and prosecute all necessary or desirable patent applications at a reasonable cost or in a timely manner. It is also
possible that we or our current licensors, or any future licensors or licensees, will fail to identify patentable aspects of inventions
made during development and commercialization activities before it is too late to obtain patent protection on them.

If
we are sued for infringing intellectual property rights of third parties, it will be costly and time 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