NUBURU, Inc. announced on June 2, 2025, that it entered into a standby equity purchase agreement (SEPA) with YA II PN, Ltd. on May 30, 2025. This agreement provides NUBURU with the option to sell up to $100 million in shares until May 30, 2028.
This facility offers NUBURU significant financial flexibility, allowing the company to execute controlled stock sales based on market conditions and its evolving needs. NUBURU maintains full authority over the timing and quantity of any share sales.
The proceeds from these stock sales are intended for general corporate purposes, including working capital and growth initiatives, consistent with NUBURU's transformation plan. The company also disclosed its plan to acquire a controlling interest in Tekne S.p.A., a defense-tech firm known for its integrated systems and strategic partnership with U.S.-based Flyer Defense.
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