NUBURU, Inc. announced on April 10, 2025, the immediate unwinding of its previously announced $2 million Share Exchange Agreement and partnership with HUMBL, Inc. The decision followed a thorough strategic review by NUBURU's management.
The company determined that continuing the partnership no longer aligned with its core business objectives. The initial collaboration, announced on February 28, 2025, aimed to leverage NUBURU's laser technologies and HUMBL's distribution capabilities in Brazil.
NUBURU is now refocusing its strategic efforts solely on consolidating its position in the defense and security sectors. This strategic shift emphasizes the company's commitment to its Joint-Pursuit Agreement with a defense-tech company and its ongoing acquisitions.
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