secwatch / observer
8-K filed November 29, 2022, 6:59 PM ET ticker BURU CIK 0001814215
other material confidence high sentiment neutral materiality 0.55

Tailwind Acquisition Corp. amends preferred stock option agreement and secures board seat for Anzu in Nuburu merger

Nuburu, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Nuburu, Inc. amended Second Amendment to Preferred Stock Sale Option Agreement with Tailwind Acquisition Corp. and Anzu SPVs (Anzu Nuburu LLC, Anzu Nuburu II LLC, Anzu Nuburu III LLC, Anzu Nuburu V LLC) valued at Second Amendment to Preferred Stock Sale Option Agreement further amends the Preferred Stock Sale Op (effective 2022-11-28).

Action
amendment
Agreement
equity purchase
Counterparty
Tailwind Acquisition Corp. and Anzu SPVs (Anzu Nuburu LLC, Anzu Nuburu II LLC, Anzu Nuburu III LLC, Anzu Nuburu V LLC)
Value
Second Amendment to Preferred Stock Sale Option Agreement further amends the Preferred Stock Sale Op
Effective
2022-11-28
Exact text from the filing
Second Amendment to Preferred Stock Sale Option Agreement On November 28, 2022, Tailwind and certain other parties entered into a second amendment (the “ Second Amendment to Preferred Stock Sale Option Agreement ”) to that certain Preferred Stock Sale Option Agreement, dated August 5, 2022, by and among Tailwind and each of Anzu Nuburu LLC, Anzu Nuburu II LLC, Anzu Nuburu III LLC and Anzu Nuburu V LLC (the “ Anzu SPVs ”) (as further amended by the Amendment to Preferred Stock Sale Option Agreement entered into on November 22, 2022, the “ Preferred Stock Sale Option Agreement ”). The Second Amendment to Preferred Stock Sale Option Agreement further amends the Preferred Stock Sale Option Agreement to, among other things, (a) restrict the ability of each of the Anzu SPVs to transfer (i) any shares of Series A Preferred Stock, par value $0.0001 per share, of Tailwind following the Business Combination (“ New Nuburu Series A Preferred Stock ”) that was acquired by such Anzu SPV pursuant to
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Nuburu, Inc. entered into Anzu Designee Letter Agreement with Nuburu, Inc., Tailwind Acquisition Corp., and Anzu Partners LLC valued at Anzu Designee Letter Agreement provides that Tailwind and Nuburu will use their respective reasonabl (effective 2022-11-28).

Action
entry
Agreement
asset purchase
Counterparty
Nuburu, Inc., Tailwind Acquisition Corp., and Anzu Partners LLC
Value
Anzu Designee Letter Agreement provides that Tailwind and Nuburu will use their respective reasonabl
Effective
2022-11-28
Exact text from the filing
Anzu Designee Letter Agreement On November 28, 2022 , Nuburu, Tailwind and Anzu Partners LLC (“ Anzu Partners ”) entered into the Anzu Designee Letter Agreement that, among other things provides that Tailwind and Nuburu will use their respective reasonable best efforts to cause Daniel Hirsch (or, if Mr. Hirsch is unable to serve as a director of Tailwind as of the closing of the Business Combination, then another representative designated by Anzu Partners in writing and reasonably acceptable to Nuburu) to be a member of the board of directors of Tailwind following the closing of the Business Combination as a Class III director pursuant to Section 2.05(b) and Section 7.15(a) of the Business Combination Agreement (such representative, the “ Anzu Representative ”). In addition, following the closing of the Business Combination, in connection with any vacancy caused by the departure of the Anzu Representative from the board of directors of Tailwind (unless Anzu Partners declines in writing
View on SEC.gov

75 material agreements filed in the last 30 days. Browse all material agreements →

Nuburu, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-22-122539
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.