Nuburu raises $12M in public offering to fund defense-tech acquisitions and joint venture

Nuburu, Inc.

Raised $12M gross ($10.9M net) via 32.4M shares, 51.7M pre-funded warrants, and 126M common warrants.
Esousa Group Holdings led with $10M investment; warrants exercise prices of $0.0001 (pre-funded) and $0.1714 (common).
Proceeds to fund phased acquisition of Tekne S.p.A. (3% now, remaining 67% by end-2025) and Tekne US JV (80% owned).
Tekne has a $500M portfolio of 152 orders; joint venture expected to unlock $7.5M in orders with up to 15% net profit.
Company also plans controlling interest in SaaS firm Orbit S.r.l. (18 clients, 2,000 daily users, >40% EBITDA margin target).

item 1.01item 8.01item 9.01

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.