Laser Photonics Corp 8-K

What Happened Laser Photonics Corp (LASE) filed an 8-K (Item 5.02) reporting a change in its principal financial officer. On June 24, 2026 the company entered into a Termination Agreement with The CFO Portal, LLC that ended a May 7, 2026 Master Services Agreement under which Roman Franklin had served as Principal Financial Officer. Under the Termination Agreement Mr. Franklin received a $50,000 payment for waiving certain termination and insurance provisions. The Board appointed Ralph Venegas as Principal Financial Officer and Acting Chief Financial Officer.

Key Details

• Termination Agreement date: June 24, 2026; original MSA start date: May 7, 2026.
• Payment to former PFO: $50,000 to Roman Franklin (founder/CEO of The CFO Portal) for waiving certain MSA provisions.
• New Acting CFO: Ralph Venegas, age 54, appointed as Principal Financial Officer and Acting CFO.
• Venegas background: VP Finance & Reporting at Fonon Quantum Technologies (joined Feb 18, 2026); prior roles include Financial Controller/Acting CFO at Summit Aerospace (since Mar 2024), fractional CFO services (Oct 2023–Mar 2024), Audit Director/Outsourced Accounting Director at Brody and Associates (Apr 2013–Jul 2023). Education: AB in Accounting (Universidad La Salle) and Master of Accounting (Nova Southeastern University).

Why It Matters A change in the company’s principal financial officer can affect financial reporting continuity, investor communications, and internal controls. The filing shows the transition was handled via a formal termination agreement with a one‑time $50,000 payment and that the company has named an experienced accounting executive as Acting CFO. Investors should note the personnel change and monitor future filings and disclosures for any impact on reporting timelines or financial presentations.