Laser Photonics Enters Asset Purchase Agreement With Fonon Quantum Technologies To Acquire Beamer Laser Marking Systems Assets From ARCH Cutting Tools, Issuing 3M Restricted Shares

On August 5, 2025, Laser Photonics Corporation (the "Company" or "Laser Photonics") entered into an Asset Purchase Agreement (the "APA") with Fonon Quantum Technologies, Inc. ("FQTI"), an affiliate of ICT Investments, LLC, the company that together with its affiliates has voting control of Laser Photonics, to acquire the assets of Beamer Laser Marking Systems ("Beamer"), the laser capital equipment manufacturing division of ARCH Cutting Tools, Inc, a Michigan corporation. Beamer manufactures IR fiber laser marking systems that provide standard, engineered and inline 1064nm IR laser marking solutions for a variety of industries used in tracking and traceability to serialization, 2D codes and decorative marking. Under the terms of the APA, Laser Photonics agreed to issue 3,000,000 restricted shares of its common stock as payment for the Beamer assets. including its intellectual property, and all contracts. Beamer had no liabilities. The foregoing description of the APA is qualified in its entirety by reference to the full text of that agreement, a copy of each of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.