Laser Photonics Corp (LASE) Form 8-K — Oct 16, 2026
$LASEForm 8-KItems 5.02, 7.01, 9.01Filed Oct 16, 2026, 4:53 PM ET0001493152-26-047427Original filing
Laser Photonics (LASE) announced on October 16, 2026 that CEO Wayne Tupuola resigned as CEO and director effective October 13, citing medical/personal reasons, and that founder Dmitri Nikitin was appointed Executive Chairman and principal executive officer. Ann Tewari ceased serving as Interim President and returned to her VP Operations role. Nikitin receives a $400,000 base salary and a 2,000,000-share equity award under a three-year employment agreement, with 50% vesting immediately and 50% ratably over two years.
Key figures
- Base Salary
- 400000
- Equity Award Shares
- 2000000
- Car Allowance Monthly
- 1850
- Fti License Consideration
- $350,000 cash plus 1,000,000 shares and 6.5% royalty
- Ict Loans Principal Repaid
- 751000
- Fdss License Consideration
- 3,000,000 shares and 6.5% royalty
- Guaranty Fees Nine Months2026
- 10197
- Ict Affiliate Ownership Percent
- approximately 19%
- Ict Service Fees Nine Months2026
- 33575
- Accounts Payable To ICTSept30 2026
- 310814
- Accrued Interest Unpaid Sept30 2026
- 50615
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