{"url_path":"/sec/lase/8-k/2026-07-20/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1807887/0001493152-26-033889-index.html","accession_number":"0001493152-26-033889","cik":"0001807887","ticker":"LASE","issuer_name":"Laser Photonics Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1807887/0001493152-26-033889-index.html","primary_entity_key":"0001807887","primary_entity_name":"Laser Photonics Corp"},"word_count":678,"has_tables":true,"body_markdown":"**Item\n1.01. Entry into a Material Definitive Agreement.**\n\n \n\nOn\nJuly 16, 2026, the registrant (“Laser Photonics” or the “Company”) entered into warrant inducement agreements\nwith the holders of existing Series A-5 and Series A-6 warrants to purchase up to 2,528,572 shares of the Company’s common stock\n(the “Existing Warrants”) at an original exercise price of $0.975 per share as set forth in the Company’s S-1 registration\nstatement (Registration No. 333-297400) declared effective on July 16, 2026. The Company has offered as an inducement to these warrant\nholders for exercising the Existing Warrants in cash new unregistered Series A-7 warrants to purchase up to 800,000 shares of common\nstock and new unregistered Series A-8 warrants to purchase up to 4,257,144 shares of common stock. The new warrants will have an exercise\nprice of $0.975 per share and will be exercisable upon issuance. The Series A-7 new warrants will expire five years after the effective\ndate of the Resale Registration Statement (as defined below) and the Series A-8 new warrants will expire 24 months after the effective\ndate of the Resale Registration Statement.\n\n.\n\nThe\nCompany faces a cash penalty as provided in the warrant inducement agreement for a failure to meet the required dates for filing the\nS-1 registration statement and it being declared effective by the SEC as discussed below. The number of Series A-5 warrants and Series\nA-6 warrants to be exercised for cash are subject to beneficial ownership limitations of either 4.99% or 9.99% at the election of the\nSeries A-5 and Series A-6 warrant holders. To the extent that the beneficial ownership limitations apply, the balance of any issuance\nof free trading shares of the Company’s common stock will be held in abeyance until notice from the warrant holder that the balance\n(or portion thereof) may be issued in compliance with such beneficial ownership limitations, and those underlying shares of the Company’s\ncommon stock will be treated as having been prepaid, including the cash payment in full of the exercise price.\n\n \n\nH.C.\nWainwright & Co., LLC (“Wainwright”) served as exclusive placement agent for this transaction. Under the terms of its\nAugust 21, 2025, engagement agreement with the Company as amended on February 13, 2026, Wainwright has received a cash fee of 7.0% of\nthe funds raised through the warrant inducement agreement and a placement agent warrant to Wainwright or its designees to purchase up\nto 177,000 shares of the Company’s common stock (equal to 7.0% of the Company’s shares of common stock issued upon exercise\nof the Existing Warrants) exercisable for five years after the effective date of the Resale Registration Statement, at an exercise price\nof $1.2188, per share, and reimbursement of Wainwright’s accountable expenses of up to $75,000 and clearing expenses of $15,950.\n\n \n\nUnder\nthe terms of the warrant inducement agreement, the Company has received aggregate gross proceeds of $2,465,357.70,\nand must file a registration statement within 30 days from\nthe date of this agreement on Form S-1 to register the sale of the 5,057,144 shares of common stock underlying the Series A-7 and Series\nA-8 warrants and either 60 days or 90 days for the S-1 registration statement to be declared effective depending on whether it is reviewed\nor not by the SEC. In addition, the Company is prohibited (i) for 30 days from the closing of the warrant inducement agreement from issuing,\nentering into any agreement to issue or announce the issuance or proposed issuance of any shares of its common stock or common stock\nequivalents or filing any registration statement or any amendment or supplement to any existing registration statement, with certain\nexceptions, and (ii) for 12 months from the closing of the warrant inducement agreement from entering into any variable rate transaction,\nsubject to an exception.\n\n \n\nThe\nforegoing descriptions of the warrant inducement agreement, Series A-7 warrants and the Series A-8 warrants do not purport to be\ncomplete and are qualified in their entirety by reference to the full text of the agreements, forms of which are attached as\nExhibits 4.1 and 10.1 hereto and incorporated herein by reference."}