Laser Photonics acquires CMS assets for ~$1M; expands into pharmaceutical laser market

Laser Photonics Corp

Purchase price of $1,050,000: $950k cash + 14,591 shares valued at $100k based on 30-day VWAP.
CMS has existing program orders of $4M and counts several top 20 global life sciences companies as customers.
Acquisition closed Nov 6; CMS was in Chapter 11 bankruptcy (Case No. 6:24-bk-02727-LVV).
LPC plans to hire all CMS employees and leverage sales/marketing to unlock growth.
ICT Investments, an affiliate, received 8.5% commission for presenting the opportunity.

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