Laser Photonics Raises $5M via 7.14M-Share Offering with Warrants
Laser Photonics priced a public offering of 7,142,858 common shares and equal amounts of Series A-1 and A-2 warrants at $0.70 per unit, generating approximately $5 million in gross proceeds. The company plans to use net proceeds for laser R&D, repayment of unsecured promissory notes with default premiums, strategic acquisitions and working capital.
1. Offering Structure and Pricing
Laser Photonics issued 7,142,858 common shares (or pre-funded warrants) alongside Series A-1 and A-2 warrants to purchase up to 7,142,858 shares each, at a combined price of $0.70 per share or warrant. Series A-1 warrants expire five years from issuance, while Series A-2 warrants expire in 24 months, both exercisable upon issuance.
2. Proceeds and Use of Funds
Gross proceeds from the offering are expected to total $5 million before fees and expenses. Net proceeds will fund research and development of laser technologies, repayment of unsecured promissory notes (including default premiums and interest), strategic acquisitions and general working capital needs.
3. Timeline and Closing Conditions
The offering is set to close on or about February 9, 2026, subject to customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent, and the registration statement on Form S-1 (File No. 333-292932) was declared effective by the SEC on February 6, 2026.