Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 351

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 351
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substantial sale of stock by existing stockholders could depress the market value of our stock, thereby devaluing the market price and
causing investors to risk losing all or part of their investment.

ICT
Investments through its ownership of Fonon Corporation, holds a large number of our outstanding shares. We can make no prediction as
to the effect, if any, that sales of shares, or the availability of shares for future sale, will have on the prevailing market price
of our shares of common stock. Sales of substantial amounts of shares in the public market, or the perception that such sales could occur,
could depress prevailing market prices for the shares. Such sales may also make it more difficult for us to sell equity securities or
equity-related securities in the future at a time and price which it deems appropriate.

ITEM
1B. UNRESOLVED STAFF COMMENTS

None.

34

ITEM
1C. CYBERSECURITY

We
use, store and process data for and about our customers, employees, partners, and suppliers. We have implemented a cybersecurity risk
management program that is designed to identify, assess, and mitigate risks from cybersecurity threats to this data, our systems and
business operations.

Cyber
Risk Management and Strategy

Under
the oversight of the Board of Directors and Audit Committee, we have implemented and maintained a risk management program that includes
processes for systematic identification, assessment, management, and treatment of cybersecurity risks. Our cybersecurity oversight and
operational processes are integrated into our overall risk management processes, and cybersecurity is one of our designated risk categories.
We use the National Institute of Standards and Technology Cybersecurity Framework to guide our approach, ensuring a structured and comprehensive
strategy for managing cybersecurity risks. We implement a risk-based approach to the management of cyber threats, supported by cybersecurity
technologies, including automated tools designed to monitor, identify, and address cybersecurity risks. In support of this approach,
our IT security team implements processes to assess, identify, and manage security risks to the company, including in the pillar areas
of security and compliance, application security, infrastructure security, and data privacy. This process includes regular compliance
and critical system access reviews. In addition, we conduct application security assessments, vulnerability management, penetration testing,
security audits, and ongoing risk assessments as part of our risk management process. We also maintain an incident response plan to guide
our processes in the event of an incident. We also have a process to require corporate employees to undertake cybersecurity training
and compliance programs