---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-027728"
form_type: "8-K"
ticker: "BURU"
cik: "0001814215"
company_name: "Nuburu, Inc."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T02:15:30.154221+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nuburu raises $7.925M via convertible notes + warrants from existing investors with 1-year lockup

## Summary
- Cash infusion of $7.925M from convertible promissory notes (7% interest, mature June 2026) and warrants to purchase up to 11.5M shares at $1.03.
- Conversion price of notes set at $0.688 per share; warrants have exercise price of $1.03 and expire June 2028.
- NYSE American granted exception from stockholder approval under Section 710(b); special committee of disinterested directors approved.
- Shares underlying the notes and warrants subject to a one-year lockup; registration statement expected after February 6, 2024.
- Investors include Wilson-Garling 2023 Family Trust, Eunomia LP, David Seldin, and Curtis N Maas Revocable Trust.

## SEC filing metadata
- accession: 0000950170-23-027728
- form_type: 8-K
- ticker: BURU
- cik: 0001814215
- company_name: Nuburu, Inc.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814215/000095017023027728/0000950170-23-027728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814215/000095017023027728/buru-20230612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-027728
- JSON: https://secwatch.observer/filing/0000950170-23-027728.json
- Plain text: https://secwatch.observer/filing/0000950170-23-027728.txt

## Key facts
- Debt Financings
  Nuburu, Inc. incurred convertible notes of $7.925 million with Wilson-Garling 2023 Family Trust, Eunomia, LP, David Seldin, Curtis N Maas Revocable Trust, and certain other existing investors at seven percent per year maturing June 23, 2026.
  - Instrument: convertible notes
  - Principal: $7.925 million
  - Counterparty: Wilson-Garling 2023 Family Trust, Eunomia, LP, David Seldin, Curtis N Maas Revocable Trust, and certain other existing investors
  - Rate: seven percent per year
  - Maturity: June 23, 2026
  - Event: incurrence
  source text: On June 12, 2023, Nuburu, Inc. (the “Company”) entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) primarily with certain existing investors (each, an “Investor”) for the sale of (i) convertible promissory notes (“Convertible Notes”) in the aggregate principal amount of $7.925 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017023027728/0000950170-23-027728-index.htm
- Material Agreements
  Nuburu, Inc. entered into Note and Warrant Purchase Agreement with certain existing investors valued at $7.925 million (effective 2023-06-12).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain existing investors
  - Value: $7.925 million
  - Effective: 2023-06-12
  source text: On June 12, 2023, Nuburu, Inc. (the “Company”) entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) primarily with certain existing investors (each, an “Investor”) for the sale of (i) convertible promissory notes (“Convertible Notes”) in the aggregate principal amount of $7.925 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017023027728/0000950170-23-027728-index.htm

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