{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-092326","form_type":"8-K","ticker":"BURU","cik":"0001814215","company_name":"Nuburu, Inc.","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.088662+00:00","generated_at":"2026-05-18T10:23:44.651096+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nuburu issues $500K in convertible notes to Torcross, including $100K new capital","bullets":["Issued $400K face unsecured convertible note in exchange for 40,000 shares of Series A Preferred stock.","Issued $100K face unsecured convertible note for $100K cash infusion; both notes mature June 24, 2026.","Notes bear no interest unless in default; convertible at 80% of lowest 5-day VWAP prior to conversion.","Conversion limited to 19.9% of outstanding common stock unless stockholder approved; Torcross capped at 9.9% ownership.","Notes subordinated to Series A Preferred on dividends and liquidation."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-092326","json":"https://secwatch.observer/filing/0000950170-25-092326.json","markdown":"https://secwatch.observer/filing/0000950170-25-092326.md","text":"https://secwatch.observer/filing/0000950170-25-092326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025092326/0000950170-25-092326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025092326/buru-20250625.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:23:44.651096+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1611f2627be6318480032f2e924f34feceb99f1a","claim":"Nuburu, Inc. incurred convertible notes of $400,000 face amount with Torcross Capital LLC at bears no interest for so long as it is not in default maturing June 24, 2026.","evidence_excerpt":"the Company issued to Torcross a $400,000 face amount unsecured, convertible note. The note bears no interest for so long as it is not in default and has a June 24, 2026 maturity date","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025092326/0000950170-25-092326-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$400,000 face amount"},{"label":"Counterparty","value":"Torcross Capital LLC"},{"label":"Rate","value":"bears no interest for so long as it is not in default"},{"label":"Maturity","value":"June 24, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5e4c0c474f8148409e674e3719a9a9b9b747bae3","claim":"Nuburu, Inc. incurred convertible notes of $100,000 face amount with Torcross Capital LLC at bears no interest for so long as it is not in default maturing June 24, 2026.","evidence_excerpt":"the Company issued to Torcross a $100,000 face amount unsecured, convertible note. The note bears no interest for so long as it is not in default and has a June 24, 2026 maturity date","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025092326/0000950170-25-092326-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$100,000 face amount"},{"label":"Counterparty","value":"Torcross Capital LLC"},{"label":"Rate","value":"bears no interest for so long as it is not in default"},{"label":"Maturity","value":"June 24, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}