Company: LASE
Filing Date: 2025-09-03
Form Type: 8-K
Source: 0001641172-25-026440
Chunk: 0

Company: Laser Photonics Corp
Filing Date: 2025-09-03
Form: 8-K
Item: Item 1.01
Chunk 0
---
Item
1.01 Entry Into a Material Definitive Agreement.

On
September 2, 2025, the registrant, Laser Photonics Corporation (the “ Company” or “ Laser Photonics”),
entered into an agreement to exchange certain outstanding warrants issued in the August 2024 PIPE financing (the “ Exchange
Agreement”). These warrants, which had an exercise price of $4.34 per share and included a full ratchet anti-dilution
provision, entitled holders to purchase up to an aggregate of 0.8 million shares of the Company’s common stock. In exchange
for relinquishing these warrants, the warrant holders will receive unrestricted shares of the Company’s common stock equal to
400% of the number of shares of the Company’s common stock issuable upon exercise of the warrants that for all warrant holders
results in an aggregate of 3.2 million unrestricted shares of the Company’s common stock. The Company also has agreed, subject
to customary exceptions, for a period of 30 days starting on September 3, 2025, not to issue any shares of its common stock
nor to file any registration statant or any amendment or supplement to any existing registration statement. The Company also
issued to the placement agent facilitating the Exchange Agreement or its designees warrants to purchase an aggregate of 56,000 shares
of its restricted common stock that are exercisable for five years at $5.0250 per share subject to customary adjustments, including for stock
splits, stock dividends, rights offerings and fundamental transactions such as a merger resulting in a change of
control.

The foregoing descriptions
of the Exchange Agreement and stock purchase warrants are qualified in their
entirety by reference to the full text of those agreements, a copy of each of which is filed
as Exhibit 10.1 and 10.2, respectively, to this Current Report on Form 8-K and incorporated
herein by reference.

Item
7.01. Regulation FD Disclosure.

Laser
Photonics issued a press release regarding the Exchange Agreement, stating its belief that the Exchange Agreement would allow the Company
to better execute on its strategic growth initiatives, including advancing AI-driven lasers with robotic cells, expanding its portfolio
of anti-drone laser systems, including its LSAD platform and other anti-drone technologies, and potential M& A transactions. A copy
of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by