Laser Photonics Corp. (NASDAQ:LASE) saw its stock drop 8.3% in premarket trading on Monday after revealing it had received a non-compliance notice from Nasdaq tied to a delayed quarterly filing.
The company said Nasdaq informed it on November 20, 2025, that it was out of compliance with listing standards because it had not submitted its Form 10-Q for the quarter ended September 30, 2025. Laser Photonics now has until January 19, 2026, to provide a remediation plan outlining how it will regain compliance.
Nasdaq’s notice states the exchange may grant the firm an extension of up to 180 days from the original Form 10-Q deadline—potentially giving Laser Photonics until May 19, 2026—to resolve the issue.
Laser Photonics develops laser-based systems used for industrial and commercial applications, including cleaning, cutting, marking, and engraving. Its CleanTech line is promoted as an eco-friendly alternative to traditional industrial cleaning and serves markets such as aerospace, automotive, energy, defense, and maritime.
The company has also expanded through acquisitions, including Beamer Laser Systems and Control Micro Systems, allowing it to broaden its offerings to support laser applications in semiconductor and pharmaceutical manufacturing.