07:50 AM EDT, 06/26/2025 (MT Newswires) -- Laser Photonics ( LASE ) said Thursday that it will acquire the assets of Beamer Laser Marking Systems from its parent company, Fonon Quantum Technologies, in an all-stock deal.

Laser Photonics ( LASE ) said it will issue three million shares of its common stock and one warrant for an additional three million shares at an exercise price of $4.34.

Laser Photonics ( LASE ) said the acquisition expands its US-based manufacturing capabilities and adds 19 authorized dealer locations.

The acquisition is subject to a 15-day Nasdaq review, the company said.