Laser Photonics Corporation (NASDAQ:LASE) has announced a $4 million private placement, issuing 1,098,902 shares of common stock at $3.64 per share. As part of the deal, investors will also receive Series A and Series B warrants to purchase up to 1,098,902 additional shares each at $3.40 per share. The Series A warrants will be exercisable immediately and expire five years after issuance, while the Series B warrants will expire eighteen months after issuance. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The company has entered into a registration rights agreement to file registration statements with the SEC covering the resale of the securities issued in the offering. The transaction is expected to close upon satisfaction of customary closing conditions.