Laser Photonics Corp (LASE) Form 8-K — Oct 23, 2026
Laser Photonics Corporation received a Nasdaq notification on October 20, 2026 stating its common stock closed below the $1.00 minimum bid price for 30 consecutive business days, a violation of Listing Rule 5550(a)(2). The notice has no immediate effect: LASE continues trading on the Nasdaq Capital Market, and the company has until April 19, 2027 to regain compliance by closing at or above $1.00 for at least 10 consecutive business days. If it fails, the company may qualify for a second 180-day period or face delisting proceedings, with an opportunity to appeal to a Nasdaq hearings panel.
Key figures
- Compliance Deadline
- 2027-04-19
- Deficiency days
- 30
- Minimum bid price
- 1
- Compliance period days
- 180
- Cure requirement consecutive days
- 10
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