Laser Photonics Corporation (NASDAQ:LASE) (the "Company"), a developer of laser systems for industrial and defense applications, today announced that it closed its previously announced public offering on September 14, 2026 of 10,500,000 shares of common stock, Series B-1 warrants to purchase up to 10,500,000 shares of common stock and Series B-2 warrants to purchase up to 10,500,000 shares of common stock, at a combined public offering price of $0.75 per share and accompanying warrants. The warrants have an exercise price of $0.75 per share and are exercisable upon issuance. The Series B-1 warrants will expire five years from the date of issuance and the Series B-2 warrants will expire twenty-four months from the date of issuance.

H.C. Wainwright & Co., LLC acted as the exclusive placement agent for the offering.

The gross proceeds to the Company from the offering were approximately $7.9 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for research and development for the Company's various laser-based technologies, acquisitions and working capital.