other_material
confidence high
sentiment neutral
materiality 0.70
Nuburu enters $100M SEPA with YA II PN and refinances $1M Agile loan
Nuburu, Inc.
- SEPA allows Nuburu to sell up to $100M of common stock to YA II PN at 97% of lowest daily VWAP over 3 trading days.
- Nuburu paid $25K structuring fee and will issue $1M in stock as commitment fee (50% at signing, 50% at 90 days).
- Refinanced Agile loan adds $248K cash; face amount $1M, weekly payments of $48K through Dec 2025, secured by cash deposits.
- Proceeds from SEPA to be used for working capital and Transformation Plan; Joseph Gunnar acted as placement agent.
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