Laser Photonics Announces It Is Transitioning Into a Parent-Subsidiary Structure
Laser Photonics Corporation (LASE)
Company Research
Source: Business Wire
ORLANDO, FL--(BUSINESS WIRE)--Laser Photonics Corporation (NASDAQ: LASE) (“LPC”), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it will officially be transitioning into an Operational Holding Company with wholly-owned subsidiaries under the name “LASE Holdings.” LASE Holdings will be based out of a corporate office in Lake Mary, Florida.In connection with the recent acquisition of Control Micro Systems, Inc. by LPC, the company is starting to undergo a reorganization into targeted market divisions. This move supports LPC’s broad diversification strategy, expanding into traditional markets and targeting high-growth sectors to unlock greater opportunities and enhance resilience. The projected subsidiaries under LASE Holdings are Laser Photonics, CMS Laser, Control Micro Systems, LP Semiconductor, 3D AXS and LP Media Group. Markets of focus are: eco-friendly laser cleaning, industrial material proc
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LASE
Sec Filings
- 11/18/24 - Form 10-Q
- 11/14/24 - Form NT
- 11/6/24 - Form 8-K
- LASE's page on the SEC website