debt
confidence high
sentiment neutral
materiality 0.50
Nuburu buys EUR 5.25M bonds from SYME 3; offset by prior payments
Nuburu, Inc.
- Subscribed for initial bonds of EUR 5.25M from SYME 3 (affiliate of Supply@ME Capital), maturing March 2029.
- Subscription price paid by offsetting EUR 4.824M in prior payments to SYME 3 made Sep-Nov 2025.
- SYME 3 may issue up to EUR 30M in variable-rate bonds (3M Euribor +7.5%, capped at 12% per annum).
- Bonds secured by non-possessory pledge over inventory of Tekne S.p.A. and related receivables.
- Executive Chairman/Co-CEO Zamboni is founder/CEO of SYME, making this a related-party transaction.