secwatch.observer — SEC 8-K summary
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Issuer:     Laser Photonics Corp (LASE)
CIK:        0001807887
Form:       8-K
Filed at:   2022-10-05T23:59:59+00:00
Accession:  0001654954-22-013400
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807887/000165495422013400/0001654954-22-013400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807887/000165495422013400/laser_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-013400

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