{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-097608","form_type":"8-K","ticker":"BURU","cik":"0001814215","company_name":"Nuburu, Inc.","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.089325+00:00","generated_at":"2026-05-18T04:29:25.837867+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Nuburu raises $307K via two convertible notes with dilutive terms","bullets":["Issued $150,000 unsecured convertible note to Indigo Capital LP on July 16, 2025, bearing no interest, maturing July 15, 2026.","Issued $172,700 face amount convertible note to 1800 Diagonal Lending on July 21, 2025, at 10% interest, maturing April 30, 2026 (capital infusion $157,000).","Conversion prices: Indigo at 80% of lowest 5-day VWAP; Diagonal at 25% discount to lowest 10-day trading price.","Conversion limited to 19.9% of outstanding common stock until stockholder approval; ownership caps of 9.9% (Indigo) and 4.99% (Diagonal).","Notes subordinated to Series A Preferred stock in dividend and liquidation rights."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-097608","json":"https://secwatch.observer/filing/0000950170-25-097608.json","markdown":"https://secwatch.observer/filing/0000950170-25-097608.md","text":"https://secwatch.observer/filing/0000950170-25-097608.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/0000950170-25-097608-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/buru-20250716.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:29:25.837867+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":"3e7c9969c8753de9eb0ca5f4a863db967f83cad5","claim":"Nuburu, Inc. incurred convertible notes of $172,700 face amount with 1800 Diagonal Lending LLC at bears interest at 10% maturing April 30, 2026.","evidence_excerpt":"On July 21, 2025, the Company entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC (“Diagonal”), pursuant to which, in exchange for a capital infusion of $157,000, the Company issued to Diagonal a $172,700 face amount convertible promissory note (the “Diagonal Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/0000950170-25-097608-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$172,700 face amount"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"bears interest at 10%"},{"label":"Maturity","value":"April 30, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"797a6ca4b33dafb2f64ed8f4fef9a42f6463f3be","claim":"Nuburu, Inc. incurred convertible notes of $150,000 face amount with Indigo Capital LP at bears no interest for so long as it is not in default maturing July 15, 2026.","evidence_excerpt":"On July 16, 2025, Nuburu, Inc. (the “Company”), in exchange for a capital infusion of $150,000, issued to Indigo Capital LP (“Indigo”) a $150,000 face amount unsecured, convertible note (the “Indigo Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/0000950170-25-097608-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$150,000 face amount"},{"label":"Counterparty","value":"Indigo Capital LP"},{"label":"Rate","value":"bears no interest for so long as it is not in default"},{"label":"Maturity","value":"July 15, 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"}