Laser Photonics stockholders approve warrant inducement agreements
Laser Photonics Corporation (NASDAQ: LASE) announced that stockholders approved two Warrant Inducement Agreements at a special meeting held June 26, 2026, satisfying the conditions required for the exercise of the company's new Series A-5 and Series A-6 common stock purchase warrants.
The agreements, dated March 15, 2026 and April 26, 2026, required stockholder approval under applicable Nasdaq listing rules before the warrants could be exercised. With that approval now obtained, the warrants are exercisable in accordance with their respective terms.
As of the May 13, 2026 record date, 38,568,263 shares of common stock were outstanding and entitled to vote. Holders of 14,300,930 shares, representing approximately 37.08% of eligible shares, participated in the meeting in person or by proxy.
The March 15, 2026 agreement received 14,183,036 votes in favor, 106,775 against, and 11,119 abstentions. The April 26, 2026 agreement received 14,146,320 votes in favor, 143,491 against, and 11,119 abstentions. No broker non-votes were recorded for either proposal.
The company said additional details regarding the meeting and final voting results are available in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.
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