Stocks in play: Laser Photonics Corporation

Announced the pricing of its underwritten initial public offering of 3,000,000 shares of common stock at a public offering price of $5.00 per share for gross proceeds of $15,000,000, before underwriting discounts and commissions. In addition, the Company has granted the underwriters a 45-day option to purchase up to 450,000 additional shares of common stock at the offering price, less the underwriting discount. The shares are expected to begin trading on The Nasdaq Capital Market on September 30, 2022, under the ticker symbol "LASE." The offering is expected to close on October 4, 2022, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds of this offering primarily for general corporate purposes, including working capital, operating expenses and capital expenditures. Laser Photonics Corporation shares N.LASE are trading unchanged at $5.00.

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