{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-014090","form_type":"8-K","ticker":"LASE","cik":"0001807887","company_name":"Laser Photonics Corp","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.063427+00:00","generated_at":"2026-05-17T06:16:53.376547+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Laser Photonics issues $2.1M notes at 10% OID; net proceeds $1.13M after fees and prior debt repayment","bullets":["Issued $2,111,111 principal unsecured notes to four holders; net proceeds $1,129,400 after 10% OID, 8% placement fee, and retiring $509,600 convertible note to Hudson Global.","Notes mature in 3 months (Dec 12, 2025) or earlier if subsequent financing; holders can exchange into new offering consideration.","Company must consummate a PIPE transaction between Oct 5–17, 2025, with RBW Capital as exclusive placement agent.","Until Notes paid, no >$50,000 debt/equity issuance without investor consent; exemptions for up to $1.5M to Hudson Global and $2.5M to Agile Capital.","Default penalty: 120% of unpaid principal + 5% every 30 days; prepayment allowed only on change of control."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-014090","json":"https://secwatch.observer/filing/0001493152-25-014090.json","markdown":"https://secwatch.observer/filing/0001493152-25-014090.md","text":"https://secwatch.observer/filing/0001493152-25-014090.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807887/000149315225014090/0001493152-25-014090-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807887/000149315225014090/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:16:53.376547+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}