secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2026-09-16T21:10:17+00:00
Accession:  0001193125-26-393238
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu restates Q2 2026 financials due to $761K fair-value error on Tekne note
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- Restates unaudited Q2 2026 10-Q; asset value increases by $761,001 due to Tekne convertible note valuation error.
- Fair value of Tekne Convertible Note Receivable rises to $24.2M from $23.4M; conversion option up to $1.5M from $0.8M.
- Used €15.2M Tekne equity value instead of correct €25.4M; restatement per ASC 250 in amended 10-Q.
- Error determined material; discussed with auditors WithumSmith+Brown, PC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000119312526393238/0001193125-26-393238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000119312526393238/buru-20260916.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-393238

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