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-0.025911708253359 0 -0.025911708253359 -0.025911708253359 -0.0652591170825337 -0.0124760076775434 0.00623800383877144 -0.00719769673704428
Stock impact report

NUBURU Secures $25 Million Financing, Advancing Integrated Defense & Security Platform

Nuburu, Inc. (BURU) 
Company Research Source: Business Wire
Transaction with YA II PN, Ltd. enables accelerated execution of NUBURU’s multi-asset defense and security platform targeting $20B+ addressable global markets CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a global pioneer in high-performance blue laser technology, today announced that it has entered into a Securities Purchase Agreement with YA II PN, Ltd. pursuant to which it will receive a gross cash infusion of $23.25 million in exchange for the issuance of a $25.0 million unsecured debenture and related warrant packages.The financing will significantly strengthen NUBURU’s capital position and enable the Company to accelerate execution of its previously announced acquisition and integration roadmap, advancing its transformation into a vertically integrated, multi-domain Defense & Security platform. NUBURU will be positioned to move decisively from strategy into execution across its target industries — defense-grade laser and photonics systems, mission-cr Show less Read more
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