Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 22

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 9
Chunk 22
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—  
     — 

     —  
     — 
  
    All Officers and Directors as a Group 
        
     %
  
    *Represents less than 1% 

    (1) 
    Unless otherwise indicated,
    the address of such individual is c/o the Company.

    (2) 
    Dmitriy Nikitin has voting
    control through his ownership of all membership interests of ICT Investments, LLC and Fonon Corporation.

ITEM
13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Each
of the related party transactions described below was negotiated on an arm’s length basis. We believe that the terms of such agreements
are as favorable as those we could have obtained from parties not related to us. The following are summaries of certain provisions of
our related party agreements and are qualified in their entirety by reference to all of the provisions of such agreements. Because these
descriptions are only summaries of the applicable agreements, they do not necessarily contain all of the information that you may find
useful. We therefore urge you to review the agreements in their entirety. Copies of the forms of the agreements have been filed as exhibits
to the registration statement and are available electronically on the website of the SEC at www.sec.gov.

In
addition to the compensation arrangements, including employment, termination of employment and change in control arrangements, with our
directors and executive officers, including those discussed in the sections titled “Management” and “Executive Compensation,”
the following is a description of each transaction since January 1, 2022 or any currently proposed transaction in which:

    ●
    we have been or are to
    be a party to;

    ●
    the amount involved exceeded
    or exceeds $120,000; and

    ●
    any of our directors, executive
    officers or holders of more than 5% of our outstanding capital stock, or any immediate family member of, or person sharing the household
    with, any of these individuals or entities, had or will have a direct or indirect material interest.

For
information on our compensation arrangements, including employment, termination of employment and change in control arrangements, with
our directors and executive officers, see the section titled “Executive Compensation”.

Since
December 31, 2024, we have engaged in the following transactions in an amount that exceeds $120,000 with our directors, executive officers,
holders of more than 5% of our voting securities, and