Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 589

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1C
Chunk 589
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ITY/DEFICIT

General

The
following description of our securities and certain provisions of our amended and restated certificate of incorporation and amended and
restated bylaws are summaries and are qualified by reference to the amended and restated certificate of incorporation and our bylaws
that will be in effect on the closing of this offering. Copies of these documents have been filed with the SEC as exhibits to our registration
statement, of which this prospectus forms a part. The descriptions of the Shares, and preferred stock reflect changes to our capital
structure that will be in effect on the closing of this offering.

Preferred
Stock

    ●
    Par value: $0.001

    ●
    Authorized: 10,000,000

    ●
    Issued: There were no preferred shares issued and outstanding
    as of December 31, 2023, and 2024.

Common
Stock

    ●
    Par value: $0.001

    ●
    Authorized: 100,000,000

    ●
    14,282,395
and 9,253,419
issued and 14,257,458 and 9,228,482 outstanding
 as December 31, 2024 and December 31, 2023, respectively.

    F-15

Warrants

●On
                                            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