Investor Alert: Investigation into Claims on Behalf of Laser Investors

On May 29, 2025, Laser Photonics made public in a submission to the U.S. Securities and Exchange Commission that it had been informed by Nasdaq that it was not in compliance with the exchange’s listing rule due to its delay in submitting its periodic reports. This notification acknowledged that the company’s stock was at risk of being delisted from the Nasdaq stock exchange.

Laser Photonics shared that the non-compliance was primarily due to challenges faced in completing and submitting its quarterly report on Form 10-Q for the period ending March 31, 2025. The company cited various factors contributing to this delay, including resource constraints, operational issues, and the intricacies involved in finalizing the financial statements and related disclosures.

The notification from Nasdaq outlined the steps that Laser Photonics needed to take to regain compliance with the listing rule. One of the key requirements was for the company to submit a plan detailing how it intended to address the delayed filings and regain compliance with the exchange’s regulations. Laser Photonics assured stakeholders that it was actively working on completing and submitting the necessary reports as soon as possible to meet these requirements.

In response to the situation, Laser Photonics’ management expressed their commitment to resolving the compliance issue promptly and efficiently. They emphasized the importance of maintaining transparency and open communication with stakeholders throughout this process. The company’s leadership acknowledged the significance of meeting regulatory obligations and reiterated their dedication to upholding high standards of corporate governance and financial reporting.

Furthermore, Laser Photonics highlighted its ongoing efforts to strengthen its internal processes and procedures to enhance efficiency and accuracy in financial reporting. The company indicated that it was implementing measures to address the root causes of the delay in filing its periodic reports and prevent similar issues from arising in the future. These initiatives aimed to streamline reporting processes, improve oversight and coordination among relevant departments, and enhance the overall financial reporting framework.

As Laser Photonics worked diligently to address the compliance matter, the company remained focused on its core business operations and strategic objectives. Despite the challenges posed by the filing delay, the company expressed confidence in its ability to navigate through this situation and emerge stronger. Laser Photonics reaffirmed its commitment to delivering long-term value to its shareholders and stakeholders while upholding the highest standards of corporate governance and regulatory compliance.