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-0.00358422939068101 0 0.000716845878136321 0.00286738351254489 -0.0172043010752687 0 -0.00573476702508957 0
Stock impact report

NUBURU Completes Public Offering and Raises $12M to Drive Strategic Growth in Defense Technology

Nuburu, Inc. (BURU) 
Company Research Source: Business Wire
Funds will support phased acquisitions of businesses with existing $500 million portfolios of orders, driving expansion in the anticipated $20 billion electronic warfare and operational resilience market over the next three years. CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a global pioneer in high-performance blue laser technology, today announces the closing of its previously announced $12 million public offering.The public offering involved the issuance and sale of $12 million in common stock and pre-funded warrants in lieu of shares, at a subscription price of $0.1428 per share, and $0.1427 per prefunded warrant, representing 32,373,536 common shares and 51,660,075 pre-funded warrants. Additionally, the Company issued 126,050,417 common warrants to purchase up to 150% of the aggregate number of shares and pre-funded warrants, with an exercise price of $0.1714 per warrant share, which common warrants are immediately exercisable and expire five years f Show less Read more
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