Laser Photonics completes IPO raising $15M, promotes Tim Schick to CFO

Laser Photonics Corp

IPO of 3M shares at $5.00 closed Oct 4, 2022; gross proceeds $15M, net ~$12.9M.
Shares began trading on Nasdaq Sept 30, 2022 under ticker LASE.
Tim Schick, CFA, promoted to CFO effective Oct 5, 2022; previously VP of Finance since July 2022.
Net proceeds to be used for working capital, operating expenses, and capital expenditures.
Underwriters granted 45-day option to purchase up to 450,000 additional shares.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Tim Schick

Chief Financial Officer

LASE · Laser Photonics Corp

Effective: 2022-10-05
Filed: October 5, 2022, 7:59 PM ET

On October 4, 2022, the registrant (“Laser Photonics”) promoted Tim Schick, CFA, currently Vice President of Finance, to Chief Financial Officer effective October 5, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Schick changed role as Chief Financial Officer at Laser Photonics Corp.

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

On October 4, 2022, the registrant (“Laser Photonics”) promoted Tim Schick, CFA, currently Vice President of Finance, to Chief Financial Officer effective October 5, 2022.

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Laser Photonics Corp filing history →

Source: SEC EDGAR

accession 0001654954-22-013400

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