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Laser Photonics Priced, Nasdaq: LASE

Manufactures laser-based systems for industrial cleaning and rust removal.

Industry: Industrials

Latest Trade: $3.25 0.00 (0.0%)

First Day Return: -48.4%

Return from IPO: -35.1%

Laser Photonics is a vertically integrated manufacturing company for photonics-based industrial products and solutions, including disruptive laser technologies. Our vertically integrated operations allow us to reduce development and advanced laser equipment manufacturing time, offer better prices, control quality and protect our proprietary knowhow and technology compared to other laser cleaning companies and companies with competing technologies. We intend to stay ahead of the technology curve by researching and developing cutting edge products and technologies to provide a safer, cleaner, more efficient, and more environmentally-friendly alternative to inherently hazardous chemical and abrasives-based industrial surface-preparation and cleaning methods. Consequently, we have developed and standardized a line of laser cleaning equipment that we call CleanTech™. We believe that our CleanTech line of equipment represents a new approach to materials processing, surface preparation and industrial cleaning. Our line includes roughing, conditioning, and finishing lasers designed to replace most surface preparation and cleaning processes that traditionally have relied on harmful chemicals and hazardous media blasting techniques. The result is a safer way to achieve desired results in surface preparation. CleanTech is proven technology, and CleanTech products have been sold to and are currently in use by Fortune 1000 companies, the U.S. military, and small businesses.
IPO Data
IPO Date 09/29/2022
Offer Price $5.00
Price Range $5.00 - $5.00
Offer Shares (mm) 3.0
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Alexander Capital
Company Data
Headquarters Orlando, FL, United States
Founded 2019
Employees at IPO 23
Website www.laserphotonics.com

Laser Photonics (LASE) Performance

Created with Highcharts 10.3.2Chart context menuLASE vs. IPO Index (IPOUSA)Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025May 2025Jul 2025-200%0%+ 200%+ 400%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexLASEOur ETF tracks the IPO Index