Nuburu, Inc. (BURU): debt financing — Nuburu settles $5.66M liabilities with stock; court approves Section 3(a)(10) exemption

Nuburu, Inc.

Court-approved settlement of $5.66M claims with Silverback Capital via unrestricted stock issuance under Section 3(a)(10).
Initial issuance and up to 400K fee shares; price based on 15-day VWAP; ownership capped at 4.99%.
Company issued $225K convertible note to Indigo Capital, zero interest, maturity Aug 17, 2026, conversion at 80% of lowest 5-day VWAP.
Reserve of 47M shares for settlement; issuance subject to NYSE listing approval.
Default triggers include stock price below $0.15 or 30-day average volume below 1M shares.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Nuburu, Inc. incurred convertible notes of $225,000 face amount with Indigo Capital LP at no interest maturing August 17, 2026.

Instrument: convertible notes
Principal: $225,000 face amount
Counterparty: Indigo Capital LP
Rate: no interest
Maturity: August 17, 2026
Event: incurrence

Exact text from the filing

On August 18, 2025, Nuburu, Inc. (the “Company”), in exchange for a capital infusion of $225,000, issued to Indigo Capital LP (“Indigo”) a $225,000 face amount unsecured, convertible note (the “Indigo Note”).

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26 debt financings filed in the last 30 days. Browse all debt financings →

Nuburu, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-110481

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