Nuburu enters agreement to restructure defaulted notes; appoints new executive chairperson

Nuburu, Inc.

SFE EI commits to repay/settle defaulted promissory notes and fund operations for 12 months under Transformation Plan.
Settlement with Liqueous provides $1M in installments plus $500k conditional on warrant amendment.
Ron Nicol resigns from board; Alessandro Zamboni appointed Executive Chairperson to lead transformation.
Matteo Ricchebuono reinstated as director; committees reorganized.
Board 2024 compensation to be paid solely in common stock.

item 1.01 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Matteo Ricchebuono

Director

BURU · Nuburu, Inc.

Effective: 2025-01-13
Filed: January 17, 2025, 6:59 PM ET

reinstated Matteo Ricchebuono as a director

Departed

Ron Nicol

Director

BURU · Nuburu, Inc.

Effective: 2025-01-13
Filed: January 17, 2025, 6:59 PM ET

the Company accepted Ron Nicol’s resignation from the Board of Directors (the “Board”)

Appointed

Alessandro Zamboni

Executive Chairperson

BURU · Nuburu, Inc.

Effective: 2025-01-13
Filed: January 17, 2025, 6:59 PM ET

appointed Alessandro Zamboni as Executive Chairperson

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matteo Ricchebuono was appointed as Director at Nuburu, Inc..

Action: reinstated
Role: Director

Exact text from the filing

reinstated Matteo Ricchebuono as a director

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ron Nicol resigned as Director at Nuburu, Inc..

Action: resigned
Role: Director

Exact text from the filing

the Company accepted Ron Nicol’s resignation from the Board of Directors (the “Board”)

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Alessandro Zamboni was appointed as Executive Chairperson at Nuburu, Inc..

Action: appointed
Role: Executive Chairperson

Exact text from the filing

appointed Alessandro Zamboni as Executive Chairperson

View on SEC.gov

Nuburu, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-006793

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