secwatch.observer — SEC 8-K summary
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Issuer:     Laser Photonics Corp (LASE)
CIK:        0001807887
Form:       8-K
Filed at:   2025-09-03T23:59:59+00:00
Accession:  0001641172-25-026437
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laser Photonics closes $455K secured convertible note with Hudson Global at 12% interest and $4.34 conversion
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- Principal $455,000, 12% annual interest, 12-month term, convertible at $4.34 per share; secured promissory note.
- Warrant for 157,258 shares at $4.34, 5-year term; 418,000 commitment shares issued to Hudson Global.
- Purchase price $410,000 net of $10,000 deduction for buyer's legal fees; prepayment allowed at 118% after 60 days.
- Piggyback registration rights granted for conversion shares, warrant shares, and commitment shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807887/000164117225026437/0001641172-25-026437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807887/000164117225026437/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026437

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