---
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"
generated_at: "2026-05-18T04:29:25.837867+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nuburu raises $307K via two convertible notes with dilutive terms

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-097608
- JSON: https://secwatch.observer/filing/0000950170-25-097608.json
- Plain text: https://secwatch.observer/filing/0000950170-25-097608.txt

## Key facts
- Debt Financings
  Nuburu, Inc. incurred convertible notes of $172,700 face amount with 1800 Diagonal Lending LLC at bears interest at 10% maturing April 30, 2026.
  - Instrument: convertible notes
  - Principal: $172,700 face amount
  - Counterparty: 1800 Diagonal Lending LLC
  - Rate: bears interest at 10%
  - Maturity: April 30, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/0000950170-25-097608-index.htm
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $150,000 face amount
  - Counterparty: Indigo Capital LP
  - Rate: bears no interest for so long as it is not in default
  - Maturity: July 15, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1814215/000095017025097608/0000950170-25-097608-index.htm

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