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NUBURU Announces $38.0 Million Public Offering Priced at Approximately 30% Premium to Advance Tekne Acquisition and Retire Outstanding Indebtedness

BURU
  • NUBURU, Inc. (NYSE: BURU) priced a best-efforts public offering expected to generate gross proceeds of approximately $38.0 million before fees & expenses.
  • The offering consists of 244,372,984 shares of common stock &/or pre-funded warrants to purchase common stock, together with Series B Preferred Stock.
  • The combined public offering price is $0.1555 per share & accompanying Series B Preferred Stock, representing a 30% premium to the July 15, 2026 closing price.
  • The offering is led by a New York-based single-family office with participation from other accredited investors & family offices.
  • Joseph Gunnar & Co., LLC serves as the exclusive placement agent, with the offering expected to close on or about July 16, 2026.
  • Proceeds will satisfy Italian Government Golden Power financial-assurance requirements to enable NUBURU's acquisition of a 70% controlling interest in Tekne S.p.A.
  • Proceeds will redeem approximately $15.5 million of the outstanding December 2025 debenture & pay $1.25 million of convertible notes from the Lyocon acquisition.
  • The transaction will eliminate recurring monthly amortization & equity-line share-issuance pressure while halting equity-line usage for at least 90 days.
  • Remaining proceeds will support acquisition, working-capital, & near-term execution requirements for NUBURU's Defense & Security platform.
  • Securities are offered pursuant to an effective Form S-1 registration statement filed with the SEC.