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-0.000358166189111708 0 0 -0.00358166189111748 -0.00214899713467045 0.00214899713467045 -0.00358166189111748 -0.0103868194842407
Stock impact report

NUBURU Prices $12M Public Offering to Accelerate Strategic Transformation in DefenseTech Sector [Yahoo! Finance]

Nuburu, Inc. (BURU) 
Company Research Source: Yahoo! Finance
global pioneer in high-performance blue laser technology, today announced the pricing of a $12 million public offering, raising significant capital to advance its ambitious transformation strategy. The offering marks a pivotal step in strengthening NUBURU's position as an emerging leader in the defense and security technology sector. 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 common warrants to purchase up to 150% of the aggregate number of common shares (or pre-funded warrants in lieu of common shares), or 126,050,417 shares, with an exercise price of $0.1714 per warrant share, which common warrants are immediately exercisable and expire five years from their date of issuance. The prefunded warrants have an exercise Show less Read more
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