Laser Photonics appoints Acting President, CFO departs; reports preliminary FY22 revenue $4.9M

Laser Photonics Corp

Peter Evans appointed Acting President; annual salary $160k, signing bonus $40k, plus options.
Timothy Schick (CFO) separated; severance $120k cash and 25,000 shares. Search for new CFO initiated.
Preliminary FY22 revenue $4.9M (up from $4.2M); gross profit $3.5M (up from $2.6M).
Audit pending; 10-K filing delayed due to IPO expense classification review.

item 5.02 item 9.01

Executive movements

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

Appointed (interim)

Peter A. Evans

Acting President

LASE · Laser Photonics Corp

Effective: 2023-03-27
Filed: April 4, 2023, 7:59 PM ET

On March 27, 2023, the Board of Directors of the registrant (“Laser Photonics”) appointed Peter A. Evans, age 59, to be its Acting President of Laser Photonics to assist the company in its next growth phase both domestically and internationally.

Departed

Tim Schick

CFO

LASE · Laser Photonics Corp

Effective: 2023-03-30
Filed: April 4, 2023, 7:59 PM ET

On March 30, 2023 the Company entered into a separation agreement with Tim Schick, CFA, the Company’s CFO.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter A. Evans was appointed as Acting President at Laser Photonics Corp.

Action: appointed
Role: Acting President

Exact text from the filing

On March 27, 2023, the Board of Directors of the registrant (“Laser Photonics”) appointed Peter A. Evans, age 59, to be its Acting President of Laser Photonics to assist the company in its next growth phase both domestically and internationally.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Schick departed as CFO at Laser Photonics Corp.

Action: separated
Role: CFO

Exact text from the filing

On March 30, 2023 the Company entered into a separation agreement with Tim Schick, CFA, the Company’s CFO.

View on SEC.gov

Laser Photonics Corp filing history →

Source: SEC EDGAR

accession 0001654954-23-004392

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