LASE Corp. filed a Form 8-K on November 9, 2026, disclosing the appointment of Sanjay Adhav and Timothy A. Peterman as directors to fill two existing Board vacancies, effective November 3, 2026.

Key Highlights

  • Two directors appointed: Sanjay Adhav and Timothy A. Peterman were added to the Board of Directors effective November 3, 2026.
  • Existing vacancies filled: According to the filing, both appointments filled two existing vacancies on the Board.
  • Peterman is current CFO: The filing identifies Timothy A. Peterman as the Company's Chief Financial Officer.
  • No outside arrangements: The filing states there are no arrangements or understandings between either appointee and any other person pursuant to which either was appointed.
  • No related-party transactions: The filing states neither Mr. Peterman nor Mr. Adhav is a party to any transaction with any related person required to be disclosed under Item 404(a) of Regulation S-K.
  • Press release issued: On November 9, 2026, the Company issued a press release announcing the appointments, attached as Exhibit 99.1.

LASE Corp. Fills Two Board Seats With Adhav and CFO Peterman

According to the Form 8-K filed November 9, 2026 with the SEC, LASE Corp. (NASDAQ:LASE) reported that its Board of Directors appointed Sanjay Adhav and Timothy A. Peterman as directors on November 3, 2026, effective immediately. The filing indicates both appointments were made to fill two existing vacancies on the Board, and that each director will hold office in accordance with the Company's Certificate of Incorporation and Bylaws.

The filing identifies Peterman as the Company's Chief Financial Officer, making his board appointment a dual role within the organization. Regarding Adhav, the filing does not provide additional biographical or professional background beyond naming him as an appointee. The Company disclosed that there are no arrangements or understandings between either Mr. Adhav or Mr. Peterman and any other person pursuant to which either was appointed as a director.

The filing further states that neither appointee is a party to any transaction with any related person that would require disclosure under Item 404(a) of Regulation S-K. The Company, incorporated in Delaware and headquartered at 250 Technology Park, Lake Mary, FL 32746, is classified as an emerging growth company. The Form 8-K was signed by Dmitri Nikitin, Executive Chairman, and filed on November 9, 2026.

What Was Disclosed

LASE Corp. disclosed the appointment of two new directors, Sanjay Adhav and Timothy A. Peterman, to fill existing Board vacancies effective November 3, 2026, with no related-party transactions or outside appointment arrangements reported for either individual.