---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-006711"
form_type: "8-K"
ticker: "BURU"
cik: "0001814215"
company_name: "Nuburu, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:40:32.660169+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Nuburu (f/k/a Tailwind) reports 2022 net income of $11.1M; trust cash drops to $33M on redemptions

## Summary
- Net income of $11.1M for FY2022, down from $17.8M in FY2021, driven by lower fair value of warrant liabilities.
- Cash and securities in trust account fell to $33.0M at Dec 31, 2022 from $334.4M a year earlier due to redemption of 30.2M shares.
- Business combination with Nuburu completed Jan 31, 2023; combined company now reports as Nuburu, Inc. (NYSE: BURU).

## SEC filing metadata
- accession: 0000950170-23-006711
- form_type: 8-K
- ticker: BURU
- cik: 0001814215
- company_name: Nuburu, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814215/000095017023006711/0000950170-23-006711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814215/000095017023006711/buru-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-006711
- JSON: https://secwatch.observer/filing/0000950170-23-006711.json
- Plain text: https://secwatch.observer/filing/0000950170-23-006711.txt

## Key facts
- Earnings Releases
  Nuburu, Inc. reported the fiscal year ended December 31, 2022 results: net income Net income of $11.1 million.
  - Period: the fiscal year ended December 31, 2022
  - Net income: Net income of $11.1 million
  - Result: reported results
  source text: the Company issued a press release announcing financial results for Tailwind for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017023006711/0000950170-23-006711-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.