<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.
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