secwatch.observer — SEC 8-K summary
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Issuer:     Laser Photonics Corp (LASE)
CIK:        0001807887
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001641172-25-020714
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laser Photonics enters $2.1M secured loan with weekly payments through Feb 2026
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- Principal $2,100,000; total interest $924,000; weekly payments of $94,500 starting July 16, 2025.
- Loan secured by blanket lien on all company assets; includes $100,000 administrative agent fee.
- Proceeds used to refinance $1,440,000 existing debt and for general working capital.
- Prepayment required to pay total remaining interest (make-whole premium) plus principal.
- Loan matures February 18, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807887/000164117225020714/0001641172-25-020714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807887/000164117225020714/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-020714

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