secwatch / observer
8-K filed March 10, 2023, 6:59 PM ET ticker BURU CIK 0001814215
other material confidence high sentiment neutral materiality 0.55

Nuburu amends lock-up and preferred sale pacts; issues shares to law firm WSGR

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 Fourth Amendment to Registration Rights and Lock-Up Agreement with Anzu Investors and other holders valued at Expanded Permitted Transfers by Anzu Investors by removing the $5.00 per share minimum price require (effective 2023-03-10).

Action
amendment
Counterparty
Anzu Investors and other holders
Value
Expanded Permitted Transfers by Anzu Investors by removing the $5.00 per share minimum price require
Effective
2023-03-10
Exact text from the filing
The Fourth Amendment to Registration Rights and Lock-Up Agreement further amends the original Registration Rights and Lock-Up Agreement to expand the scope of “Permitted Transfers” by the Anzu Investors by removing the requirement that the price at which such transfers occur must exceed $5.00 per share of Common Stock.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Nuburu, Inc. amended Third Amendment to Preferred Stock Sale Option Agreement with Anzu Nuburu LLC and other Anzu SPVs valued at Revised the definition of Option Period to specify specific trading day windows for exercise periods (effective 2023-03-10).

Action
amendment
Counterparty
Anzu Nuburu LLC and other Anzu SPVs
Value
Revised the definition of Option Period to specify specific trading day windows for exercise periods
Effective
2023-03-10
Exact text from the filing
The Third Amendment to Preferred Stock Sale Option Agreement further amends the Preferred Stock Sale Option Agreement to revise the definition of an “Option Period” during which the Company may exercise the Option (as defined in the Preferred Stock Sale Option Agreement) to mean (i) the first through third trading day of each month, with respect to permitted transfers made by the holder during the period beginning with the start of the eleventh trading day of the preceding month and continuing through the end of the preceding month, and (ii) the eleventh through thirteenth trading day of each month, with respect to permitted transfers made during the first ten trading days of that month.
View on SEC.gov

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Nuburu, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-067659
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