<a href="https://laohu8.com/S/LASE">Laser Photonics</a> Corporation Announces New Shareholder Agreement with <a href="https://laohu8.com/S/HSON">Hudson Global</a> Ventures, Including Convertible Note and Stock Issuance
Laser Photonics Corporation has announced a new shareholder agreement following a convertible note financing deal with Hudson Global Ventures, LLC. The agreement, finalized on August 28, 2025, involves a Securities Purchase Agreement (SPA) requiring Laser Photonics to issue 418,000 shares of its common stock as commitment shares and a warrant for 157,258 shares at a conversion price of $4.34 per share. Additionally, a 12-month secured convertible promissory note worth $455,000, bearing an annual interest rate of 12%, will be issued. This note is convertible into common stock at the same fixed price and can be prepaid under specified terms. Hudson Global also gains piggyback rights for various shares involved in the agreement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laser Photonics Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-026437), on September 03, 2025, and is solely responsible for the information contained therein.
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