ICT Investments LLC - May 21, 2024 Form 4 Insider Report for Laser Photonics Corp (LASE)

Signature
/s/ Dmitriy Nikitin, Managing Partner
Stock symbol
LASE
Transactions as of
May 21, 2024
Transactions value $
$3,630,000
Form type
4
Date filed
7/11/2024, 09:55 PM
Previous filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LASE Common Stock Award $3.63M +3M +55.16% $1.21 8.44M May 21, 2024 See note below F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 ICT Investments, LLC owns the majority of the shares of Fonon Corporation ("Fonon") that received 3,000,000 restricted shares of Laser Photonics Corporation ("Laser Photonics") common stock as disclosed by Fonon in its Form 4 filed on July 11, 2024, under the terms of a License Agreement between Laser Photonics, an affiliate of ICT Investments, and Fonon for an exclusive, worldwide, sub-licensable right of Laser Photonics to Fonon's laser material processing equipment and technology, including all applications of laser cutting, marking, engraving, laser welding, brazing, ablation, laser drilling, semiconductor chip marking, semiconductor and FPD (flat panel display) laser processing equipment, all other laser material processing equipment documented or existing in a form of knowhow and/or trade secrets.