---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-116747"
form_type: "8-K"
ticker: "BURU"
cik: "0001814215"
company_name: "Nuburu, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:36:36.258142+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nuburu restates financials for 2022-2024; non-reliance on prior filings

## Summary
- Non-reliance on financial statements from Dec 2022 through Jun 2024; will restate.
- Restatement includes increased loss from fair value changes of Legacy Convertible Notes and reclassification of convertible preferred stock to mezzanine equity.
- Management identified material weakness in internal controls; auditor's report no longer reliable.
- No impact on total net cash flows from operations.

## SEC filing metadata
- accession: 0000950170-24-116747
- form_type: 8-K
- ticker: BURU
- cik: 0001814215
- company_name: Nuburu, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814215/000095017024116747/0000950170-24-116747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814215/000095017024116747/buru-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-116747
- JSON: https://secwatch.observer/filing/0000950170-24-116747.json
- Plain text: https://secwatch.observer/filing/0000950170-24-116747.txt

## Key facts
- Auditor Changes
  Nuburu, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: The Company intends to promptly restate financial statements for the Affected Periods: (i) as of and for the year ended December 31, 2022 (i.e. the comparative period included in the Original 10-K) to (i) increase the loss, and associated current liability, related to the change in the fair value of certain convertible notes issued during 2022 and early 2023, prior to the consummation of the Company's initial public offering, which automatically converted into common stock upon the closing of such initial public offering (the "Legacy Nuburu Convertible Notes"), and (ii) (a) reclassify the Company's convertible preferred stock that is redeemable at a future point in time from permanent equity to mezzanine equity and (b) increase the value of such preferred stock to reflect its redemption value. (ii) as of and for the year ended December 31, 2023, including the interim periods therein as o
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017024116747/0000950170-24-116747-index.htm

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