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ORLANDO - Laser Photonics Corporation (NASDAQ:LASE), a small-cap industrial technology company with a market capitalization of $26.5 million and current trading price of $2.00, announced Thursday it will acquire Beamer Laser Marking Systems, a provider of industrial laser marking equipment formerly operating as the laser division of ARCH Cutting Tools. According to InvestingPro data, LASE currently operates with moderate debt levels and maintains liquid assets exceeding short-term obligations.
According to the press release, Beamer generated between $3 million and $5 million in unaudited annual revenue between 2022 and 2024, comparable to LASE’s trailing twelve-month revenue of $3.42 million. The acquisition will become effective following NASDAQ’s 15-day review period. The deal comes as LASE faces challenging market conditions, with InvestingPro analysis showing a significant 72% decline in share price over the past six months.
The all-stock transaction consists of 3 million shares of LASE common stock and one warrant for 3 million additional shares with an exercise price of $4.34 per share. The acquisition includes Beamer’s manufacturing equipment, inventory, customer contracts, intellectual property, distributor relationships, and transfer of key personnel.
Beamer specializes in fiber and CO2 laser marking systems used for etching serial numbers, barcodes, and permanent markings onto various materials. The company has an installed base of over 2,000 systems across industries including aerospace, automotive, medical device manufacturing, and general industrial applications.
John Armstrong, Executive Vice President of Laser Photonics, stated the acquisition "complements the Control Micro Systems transaction" completed in November last year and enhances the company’s strategy through "product diversification in the fast-growing laser marking market."
The deal gives Laser Photonics access to Beamer’s distribution network of 19 authorized dealer locations across the United States and Mexico, including five demonstration centers. Laser Photonics plans to leverage this network to cross-sell its broader product portfolio.
Laser Photonics noted that Beamer’s U.S.-based design and manufacturing capabilities would avoid supply chain and tariff issues while providing "greater control over quality, lead times and costs."
This information is based on a press release statement from Laser Photonics Corporation. For comprehensive analysis of LASE’s financial health, valuation metrics, and growth potential, investors can access the detailed Pro Research Report available exclusively on InvestingPro, which provides in-depth analysis of over 1,400 US stocks through intuitive visuals and expert insights.
In other recent news, Laser Photonics Corporation announced that it has regained compliance with Nasdaq listing requirements after filing its delayed annual report for the fiscal year ended December 31, 2024. This compliance comes after the company had previously faced potential delisting due to the delayed filings. The delays were largely attributed to the acquisition of certain CMS assets from bankruptcy proceedings, affecting both annual and quarterly report submissions. Additionally, Laser Photonics has received an extension until June 20, 2025, to submit its overdue financial reports or provide a compliance plan to Nasdaq. In a separate development, the company has secured a $1.5 million loan agreement with Agile Capital Funding, LLC, and Agile Lending, LLC, providing additional capital for operations. Furthermore, Laser Photonics’ subsidiary, Control Micro Systems (CMS Laser), has secured an order from a Fortune 500 home appliance manufacturer for a custom-built laser system. This order highlights CMS Laser’s capabilities in providing advanced laser marking solutions. These recent developments reflect Laser Photonics’ ongoing efforts to stabilize and grow its business operations.
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