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Laser Photonics Corporation entered a Securities Purchase Agreement with Hudson Global that requires the company to issue 418,000 commitment shares, a warrant for 157,258 shares exercisable at $4.34 per share for five years (with customary adjustments), and a 12-month secured convertible note described in the SPA. The convertible instrument is stated as a principal amount of $455,0000 bearing 12% annual interest, repayable via monthly amortization payments of $45,818 and convertible at $4.34 per share (subject to customary adjustments).

The note may be prepaid within the first 60 days from August 27, 2025 without penalty; after 60 days prepayment requires payment of 118% of accrued and unpaid interest and unpaid principal. The warrant and conversion shares and the commitment shares carry piggyback registration rights for Hudson Global. The filing discloses these material financing terms but contains the exact principal figure as written ($455,0000), which appears in the SPA text provided.

Laser Photonics Corporation (LASE) reported unaudited results for the quarter ended June 30, 2025. Revenue for the quarter was $2,598,975 compared with $623,435 in the prior period, while adjusted EBITDA was negative $621,331 for the quarter and negative $1,939,126 year-to-date. Operating loss for the quarter was $(962,688) and loss before tax was $(1,773,902). Basic and diluted loss per share was $(0.12) for the quarter and $(0.24) year-to-date on a weighted average of 14,276,150 shares. Current assets were $3,345,902 and total current liabilities were $6,341,823, with long-term liabilities of $10,603,884. Cash at period end was $78,522. The company recorded a $6,615,000 deemed dividend related to a software acquisition and issued 3,000,000 restricted shares subsequent to period-end for Beamer assets. Related-party ICT Investments holds 58.55% ownership.

Laser Photonics Corporation agreed to acquire the assets of Beamer Laser Marking Systems, the laser capital equipment division of ARCH Cutting Tools. The acquired assets include intellectual property and all contracts, and the company will pay with 3,000,000 restricted shares; the filing states Beamer had no liabilities. Beamer produces IR fiber 1064nm laser marking systems used for tracking and traceability, serialization, 2D codes and decorative marking.

The filing references two press releases that describe Beamer’s modular industrial marking solutions, U.S.-based manufacturing and an established customer base including Fortune 100 companies in aerospace, defense and pharmaceuticals. The releases state these capabilities are expected to help mitigate supply chain issues and tariffs and provide new growth opportunities.

The Asset Purchase Agreement and the two press releases are filed as exhibits to the report.

Laser Photonics (NASDAQ:LASE) filed an 8-K announcing partial resolution of its Nasdaq listing compliance issues. The company regained compliance with Nasdaq's listing requirements by filing its delayed Form 10-K for fiscal year 2024 on June 23, 2025. However, LASE remains delinquent in filing its Q1 2025 Form 10-Q. This follows earlier notices from Nasdaq on May 22, 2025, regarding non-compliance with Rule 5250(c)(1) due to delayed financial reports. While the annual filing matter is resolved, the company still needs to address the outstanding quarterly report to maintain listing compliance.