{"url_path":"/sec/lase/8-k/2026-05-12/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1807887/0001493152-26-022509-index.html","accession_number":"0001493152-26-022509","cik":"0001807887","ticker":"LASE","issuer_name":"Laser Photonics Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1807887/0001493152-26-022509-index.html","primary_entity_key":"0001807887","primary_entity_name":"Laser Photonics Corp"},"word_count":614,"has_tables":true,"body_markdown":"** **\n\n**Item\n5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers**\n\n** **\n\nOn\nMay 7, 2026, the registrant (“Laser Photonics” or the “Company”) appointed Roman Franklin to serve as its Chief\nFinancial Officer and Principal Financial Officer under the terms of a Master Services Agreement (the “MSA”) between the\nCompany and The CFO Portal, LLC, a Florida limited liability company specializing in fractional Chief Financial Officer services for\nmicrocap public companies and private companies preparing for public markets (the “MSA”). Mr. Franklin is the founder and\nChief Executive Officer of The CFO Portal, LLC, which he founded in 2025.\n\n \n\nUnder\nthe terms of the MSA, Mr. Franklin is engaged to serve as the Company’s Chief Financial Officer and the Principal Financial Officer\n(the “Services”) for an initial six month term that automatically renews on a month-to-month basis unless either party provides\na written notice of non-renewal 30 days prior to the end of the then-current term. Either party can terminate the MSA following 30 days\nprior notice or for cause. The MSA allows for conversion by the Company of Mr. Franklin to a full-time CFO upon terms to be mutually\nagreed to by both parties. Mr. Franklin will receive a fixed monthly retainer of $22,500 per month for the Services, but services outside\nthe scope of the statement of work, including (without limitation) capital raise documentation, S-1/S-3/Reg A+/PIPE filings, M&A\ndiligence and integration, restatement support and SEC enforcement response, will be quoted and invoiced separately on a fixed-fee basis.\nThe foregoing description of the MSA does not purport to be complete and is qualified in its entirety by reference to the full text of\nthe MSA that is attached as Exhibit 10.1 hereto and is incorporated herein by reference.\n\n \n\nMr.\nFranklin, age 42, has more than 20 years of experience in finance and operations leadership in several public and private companies.\nSince September 2025, Mr. Franklin has served as Chief Executive Officer of The CFO Portal, LLC, where he leads engagements covering\nSEC reporting (Forms 10-K, 10-Q, and 8-K), material weakness remediation, SEC comment letter response, audit management and capital markets\nreadiness, including S-1 preparation, Regulation A+ offerings, and reverse merger integration. Concurrently, since January 2024, Mr.\nFranklin has served as Chief Financial Officer of the Diocese of Central Florida, a religious non-profit corporation, where he leads\na team overseeing accounting, financial reporting and employee benefits administration, and where he is responsible for the management\nof more than $100 million in trust, endowment and real estate assets. From September 2017 to November 2023, Mr. Franklin served as President,\nChief Financial Officer and a member of the Board of Directors of Simplicity Esports and Gaming Company (OTCIQ:WINR), an experiential\nentertainment company with retail gaming center locations in 16 states, where he primarily supported the company’s acquisition\nprogram, capital markets activities and franchise growth. From January 2004 to September 2017, Mr. Franklin served as President, Chief\nFinancial Officer, and Chief Compliance Officer of Franklin Financial Planning, a fee-only registered investment advisory firm he founded\nand ultimately exited in 2017.\n\n \n\nMr.\nFranklin holds a Master of Business Administration in Finance and Management from Stetson University (2011) and a Bachelor of Science\nin Professional Studies, with concentrations in Management and Finance, from Barry University (2005). He has been quoted in financial\npublications including Bloomberg Businessweek, The Wall Street Journal, Barron’s, and InvestmentNews on financial planning and\ninvestment topics. Other than his service as a director of Simplicity Esports and Gaming Company, which concluded in 2023, Mr. Franklin\ndoes not currently serve, and has not during the past five years served, on the board of directors of any other public company."}