secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001193125-23-067659
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu amends lock-up and preferred sale pacts; issues shares to law firm WSGR
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- Fourth Amendment removes $5.00 minimum price requirement for Anzu investors to transfer shares.
- Third Amendment revises Option Period to two monthly windows based on trading-day thresholds.
- Issued 195,452 common shares and 195,452 Series A preferred shares to WSGR as legal fee compensation.
- Both amendments signed March 10, 2023; involve Anzu and other holders.
- Changes could increase liquidity and potential selling pressure from Anzu holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000119312523067659/0001193125-23-067659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000119312523067659/d467827d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-067659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer