Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 1034

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 6
Chunk 1034
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 September 6, 2024, 1,500,000 Warrants to Purchase Common stock were issued under PIPE Offering
                                            with Aegis Capital Cop. As Agent.

●In
                                            October and November were exercised 450,00 Warrants to Purchase for Common Stock.

●As
                                            of December 31, 2024, there were 1,050,000 Warrants to Purchase of Common Stock Outstanding.

Options

As
of December 31, 2024, there were no Options Issued or Outstanding

Preferred
Stock

Shares
of preferred stock may be issued from time to time in one or more series as may be determined by the board of directors. The board of
directors may fix the designation, powers, preferences, and rights of the shares of each such series and the qualifications, limitations
or restrictions thereof without any further vote or action by the stockholders of the Company, except that no holder of preferred stock
shall have pre-emptive rights. Any shares of preferred stock so issued would typically have priority over the common stock concerning
dividend or liquidation rights. The board of directors does not at present intend to seek stockholder approval prior to any issuance
of currently authorized stock unless otherwise required by law.

Common
Stock

Holders
of shares of common stock are entitled to one vote for each share on all matters to be voted on by the stockholders. Holders of common
stock do not have cumulative voting rights.

Subject
to preferences that may be applicable to any outstanding shares of preferred stock, the holders of common stock are entitled to share
ratable in dividends, if any, as may be declared from time to time by the board of directors in its discretion from funds legally available,
therefore.

Holders
of common stock have no pre-emptive rights to purchase the Company’s common stock. There are no conversion or redemption rights
or sinking fund provisions with respect to the common stock. The Company may issue additional shares of common stock which could dilute
its current shareholder’s share value.

2024

●On
                                                                                                                                                                                                                                          February 2, 2024, 17,008
                                                                                                                                                                                                                                          Shares of Common stock with a fair value $33,336 were issued to Jade Barnwell, the former Laser Photonics CFO, under the terms of
                                                                                                                                                                                                                                          employment.

●On
                                                                                                                                                                                                            May 24, 2024, 3,000,000
                                                                                                                                                                                                            Shares of Common stock with a fair value $