IPO - Laser Photonics Corp

Form Type: S-1

Filing Date: 2024-12-31

Corporate Action: Ipo

Type: New

Accession Number: 000149315224052727

Filing Summary: Laser Photonics Corporation is initiating a public offering of its common stock, comprising of up to [*] shares, along with associated warrants. The offering price is expected to be determined through negotiation with the Placement Agent, reflecting several market factors. The registration statement outlines their transition and expansion into the pharmaceutical market after acquiring Control Micro Systems, Inc., which allows them to utilize their technology for precision drug delivery systems. Their target market spans government entities, Fortune 1000 companies, and medium/small businesses, with unique sales strategies for each segment including the introduction of the Service Partner Network (SPN) to empower smaller businesses. The company expects to leverage its integration and patented technologies to establish a prominent presence within the laser technology market and intends to fund its ongoing operations and growth strategies with proceeds from this offering. The document also emphasizes the risks involved in investing in their securities and the company’s emerging growth status under SEC definitions. The anticipated closing of the offering is projected for approximately one trading day after the pricing of the securities if priced before 4:01 p.m. eastern time, and the pricing conditions are established under Nasdaq rules. There currently exists no trading market for the Common Warrants or Pre-Funded Warrants and they do not plan to list these on Nasdaq, hence limiting investor liquidity.

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