Laser Photonics Corporation (NASDAQ:LASE) announced on October 2, 2025 that it has closed its at‑the‑market private placement, raising $4 million in equity capital. The transaction involved the issuance of 1,098,902 shares of common stock at a price of $3.64 per share, along with Series A and Series B warrants to purchase up to 1,098,902 shares each at $3.40 per share.
The private placement was conducted under NASDAQ rules and follows the announcement made on September 26, 2025. CEO Wayne Tupuola said the capital raise strengthens the balance sheet and provides resources to accelerate integration and growth from the recent Control Micro Systems and Beamer acquisitions.
The infusion of capital is intended to support ongoing expansion into high‑value verticals such as pharmaceutical, defense, and nuclear markets, and to fund further product development and sales initiatives. The closing of the placement marks a significant step in Laser Photonics’ strategic transformation and enhances its financial flexibility.
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