ICT Investments LLC - Oct 16, 2023 Form 4 Insider Report for Laser Photonics Corp (LASE)

Role: 10%+ Owner
Signature: /s/ Dmitriy Nikitin Managing Partner
Stock symbol: LASE
Transactions as of: Oct 16, 2023
Transactions value $: $1,210,000
Form type: 4
Date filed: 11/29/2023, 06:08 PM
Previous filing: Oct 3, 2022
Next filing: Aug 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LASE	Common Stock	Award	$1.21M	+1M		$1.21	1M	Oct 16, 2023	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 100% of the shares of Fonon Technologies, Inc. that received 1,000,000 shares of Laser Photonics common stock as disclosed by Laser Photonics, Inc. in its Form 10-Q that was recently filed on November 14, 2023 in which Laser Photonics stated that: "On October 16, 2023, the Company [Laser Photonics] entered into a license agreement with Fonon Technologies, Inc., an affiliate of the Company through its ownership by ICT Investments, LLC, for an exclusive, worldwide, nontransferable license for High Power Turbo Piercing ("Cold Cutting") laser cutting technology and any improvements to such technology to allow the Company to manufacture, sell, export and import products incorporated such technology in return for the Company paying a license fee of $350,000 in cash and 1,000,000 restricted shares of the Company's common stock."

Content

ICT Investments, LLC owns 100% of the shares of Fonon Technologies, Inc. that received 1,000,000 shares of Laser Photonics common stock as disclosed by Laser Photonics, Inc. in its Form 10-Q that was recently filed on November 14, 2023 in which Laser Photonics stated that: "On October 16, 2023, the Company [Laser Photonics] entered into a license agreement with Fonon Technologies, Inc., an affiliate of the Company through its ownership by ICT Investments, LLC, for an exclusive, worldwide, nontransferable license for High Power Turbo Piercing ("Cold Cutting") laser cutting technology and any improvements to such technology to allow the Company to manufacture, sell, export and import products incorporated such technology in return for the Company paying a license fee of $350,000 in cash and 1,000,000 restricted shares of the Company's common stock."