{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-110481","form_type":"8-K","ticker":"BURU","cik":"0001814215","company_name":"Nuburu, Inc.","filed_at":"2025-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.089989+00:00","generated_at":"2026-05-17T11:11:07.149069+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Nuburu settles $5.66M liabilities with stock; court approves Section 3(a)(10) exemption","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-110481","json":"https://secwatch.observer/filing/0000950170-25-110481.json","markdown":"https://secwatch.observer/filing/0000950170-25-110481.md","text":"https://secwatch.observer/filing/0000950170-25-110481.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025110481/0000950170-25-110481-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025110481/buru-20250818.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:11:07.149069+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":"5f219a1d1cc0d1557258a63baf4d32a0d23694fc","claim":"Nuburu, Inc. incurred convertible notes of $225,000 face amount with Indigo Capital LP at no interest maturing August 17, 2026.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814215/000095017025110481/0000950170-25-110481-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$225,000 face amount"},{"label":"Counterparty","value":"Indigo Capital LP"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"August 17, 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"}