Lightwave Logic (LWLG) Registration Filing summary

Company overview and business model

• Focuses on developing next-generation electro-optic photonic devices using proprietary polymer technology platforms (Polymer Stack™, Polymer Plus™, Polymer Slot™).

• Differentiates through higher speed, lower power consumption, simple manufacturing, small device footprint, and reliability.

• Business model includes product development, patent licensing, and technology transfer to foundries.

• Initial target markets are fiber optic data communications and telecommunications, with expansion into automotive, LIDAR, sensing, and displays.

• Commenced commercial operations in May 2023 with a material supply license agreement and ongoing technology licensing discussions.

Financial performance and metrics

• Financial statements for the years ended December 31, 2023 and 2022, and for the three-year period ended December 31, 2023, have been audited by Morison Cogen LLP.

Use of proceeds and capital allocation

• Net proceeds will be used for working capital and general corporate purposes.

• May allocate funds to acquire, license, or invest in complementary technologies or businesses, though no current agreements exist.