Laser Photonics Corp 8-K

What Happened
Laser Photonics Corporation (LASE) filed an 8-K on May 12, 2026, announcing the appointment of Roman Franklin as its Chief Financial Officer and Principal Financial Officer under a Master Services Agreement (MSA) dated May 7, 2026. Mr. Franklin is engaged initially for a six‑month term that automatically renews month-to-month unless either party gives 30 days’ written notice; either party may also terminate after 30 days’ notice or for cause. The appointment was announced via a company press release attached as Exhibit 99.1.

Key Details

• Appointment: Roman Franklin named CFO and Principal Financial Officer, effective under the MSA dated May 7, 2026.
• Pay: Fixed monthly retainer of $22,500 for the Services; additional out-of-scope work (e.g., S-1/S-3/Reg A+, capital raises, M&A diligence, restatement or SEC enforcement support) will be quoted and invoiced separately on a fixed-fee basis.
• Term & Conversion: Initial six-month term that auto-renews month-to-month; Company may convert Mr. Franklin to a full-time CFO on mutually agreed terms.
• Background: Age 42, >20 years finance and operations experience; founder/CEO of The CFO Portal, LLC (since Sept 2025) and CFO of the Diocese of Central Florida (since Jan 2024). Prior roles include CFO/President of Simplicity Esports & Gaming (2017–2023).

Why It Matters
This is a material executive change for investors because the CFO leads financial reporting, SEC filings and capital markets activities. The MSA structure gives Laser Photonics flexible, near-term CFO coverage while keeping an option to convert to a full-time hire, and it commits $22,500 per month in cash retainer costs (plus any separately billed project fees). Investors should note the company’s emphasis on SEC reporting and capital-raising support in the services described—areas that can affect filing timelines and financing plans.