Laser Photonics Lowers Shareholder Meeting Quorum Requirements
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Laser Photonics Corp. has amended its bylaws to lower the quorum requirement for shareholder meetings from a majority to one-third of shares entitled to vote. This change aims to facilitate valid meetings amid challenges in securing participation from small retail shareholders and broker-dealers. The latest analyst rating for LASE stock is a Hold with a $1.00 price target, reflecting concerns over weak financial performance and bearish technicals. The company's market cap is $24.83M, and it operates in the laser technology industry, catering to a broad base of retail investors.
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