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Accesswire
26 days ago
Laser Photonics Closes $4 Million Private Placement
Strengthens balance sheet and provides growth capital ORLANDO, FL / ACCESS Newswire / October 1, 2025 / Laser Photonics Corporation (NASDAQ:LASE) ("LPC" or the "Company"), $LASE, a global leader in industrial laser systems for cleaning and other material processing applications, today announced that it has closed its previously announced at-the-market private placement (under NASDAQ rules), announced on September 26, 2025 for the issuance and sale of: 1,098,902 shares of its common stock, at a purchase price of $3.64 per share, Series A warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share, Series B warrants to purchase up to an aggregate of 1,098,902 shares of common stock at $3.40 per share. Wayne Tupuola, CEO of Laser Photonics, commented: "This capital raise strengthens our balance sheet and provides a resource to accelerate integration and growth from our recent CMS and Beamer acquisitions.