secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0000950170-24-022147
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu shareholders approve reverse stock split (1:30-1:75) and $50M discounted placement
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- Reverse split within 1-for-30 to 1-for-75 approved; board to set final ratio.
- Issuance of up to $50M in non-public offerings at up to 30% discount approved.
- Proposal 1: 20,859,604 for, 1,218,267 against, 5,187,545 abstain.
- Proposal 2: 17,436,481 for, 1,057,182 against, 5,215,790 abstain, 3,555,963 broker non-votes.
- Special meeting held Feb 22, 2024; record date Jan 22, 2024, with 36,894,323 shares entitled to vote.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000095017024022147/0000950170-24-022147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000095017024022147/buru-20240228.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-022147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer