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Laser Photonics Regains Nasdaq Listing Requirements

Laser Photonics Regains Nasdaq Listing Requirements

Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global industrial developer of laser systems for cleaning and other material processing applications, today announced that the company has received a letter from Nasdaq stating that the company is now in compliance with Listing Rule 5250(c)(1).

About Laser Photonics Corporation

Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC is focused on disrupting the $46 billion, century-old, sand and abrasive blasting markets, with a focus on surface cleaning, rust removal, corrosion control, paint stripping and other laser-based industrial applications. LPC’s new generation of industry-leading laser beam technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with the old methods. As a result, LPC has quickly built a reputation as the industry leader for industrial laser systems with a brand synonymous with quality, technology and product innovation. Today, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, maritime, nuclear and space industries utilize Laser Photonics’ “unique-for-industry” systems. For more information, visit https://www.laserphotonics.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company’s plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties that could cause results and use of proceeds to differ materially from those indicated in these forward-looking statements. These risks include, without limitation, those described under the heading “Risk Factors” in the registration statement. Each reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable laws or regulations.

Shares of Laser Photonics Corporation were down £100 at the time of the news release. -3.95 % to 3.28US dollar on the NYSE stock exchange (September 3, 2024, 11:20 p.m.).