secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2026-07-21T21:10:15+00:00
Accession:  0001193125-26-310537
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 3.03, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu closes $38M public offering; receives NYSE American delisting notice for low stock price
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- Gross proceeds of $38M from public offering of common stock, pre-funded warrants, and Series B Preferred at $0.1555/unit.
- Net proceeds of ~$35.6M to fund Tekne acquisition, retire $15.5M debenture, and $1.25M convertible notes.
- NYSE American commenced delisting proceedings after stock traded below $0.10; company to appeal and implement reverse split.
- Offering price represented ~30% premium to $0.1199 closing price on July 15, 2026.
- Lock-up agreements for officers, directors, and 10% holders for 60 days post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000119312526310537/0001193125-26-310537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000119312526310537/buru-20260715.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-310537

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