Laser Photonics closes warrant exercise for $1.5M gross; issues new warrants at reduced price

Laser Photonics Corp

Received $1.5M gross proceeds from cash exercise of 1,373,630 warrants at reduced price of $1.08/share (original $3.40).
Issued new Series A-3 and A-4 warrants to purchase up to 1,373,630 shares each at $1.08, exercisable after shareholder approval.
H.C. Wainwright acted as exclusive placement agent; received 7% cash fee and placement agent warrant for 96,154 shares.
Proceeds intended for working capital and general corporate purposes.
Company must file resale registration statement within 30 days; faces cash penalty for delay.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Laser Photonics Corp entered into Warrant Inducement Agreement with holders of existing Series A and Series B warrants valued at $1,483,520.40 (effective 2026-03-15).

Action: entry
Counterparty: holders of existing Series A and Series B warrants
Value: $1,483,520.40
Effective: 2026-03-15

Exact text from the filing

On March 15, 2026, the registrant (“Laser Photonics” or the “Company”) entered into a warrant inducement agreement with the holders of existing Series A and Series B warrants to purchase up to 1,373,630 shares of the Company’s common stock

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Laser Photonics Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-010669

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