Nuburu, INC 8-K filings

Nuburu, Inc. has reclassified its Series A Preferred Stock as a current liability due to mandatory redemption provisions and is actively negotiating to repurchase additional shares after an initial extinguishment.

Nuburu, Inc. has entered into agreements with Brick Lane Capital Management Limited to issue $1.3 million in unsecured, non-interest-bearing convertible notes, providing a capital infusion and restructuring existing preferred stock.

Nuburu, Inc. has entered into a Standby Equity Purchase Agreement for up to $100 million and refinanced an existing loan with Agile Capital Funding, securing an additional $248,000 in capital.

Nuburu, Inc. obtains $782,000 in short-term financing through convertible notes and a business loan while addressing NYSE non-compliance and going concern qualification concerns.

Nuburu, Inc. received a notice from NYSE Regulation indicating noncompliance with continued listing standards due to insufficient stockholders' equity.

Nuburu, Inc. entered into agreements with Indigo Capital LLC, issuing convertible notes to secure a $1.35 million capital infusion and extinguish an existing promissory note.

Nuburu Inc. announced that its previously issued financial statements for 2023 and interim periods in 2024 should no longer be relied upon due to misstatements related to debt issuance costs and convertible notes.

Nuburu, Inc. has entered into a convertible funding facility with Supply@ME Capital Plc, potentially leading to a controlling interest, and authorized the issuance of shares for AI services, investor relations, and guaranteeing performance obligations.

Nuburu Inc. announces the elimination of all long-term debt through a collateral auction and the acquisition of an initial interest in a defense-tech company, marking a significant step in its Transformation Plan.

Nuburu, Inc. entered into agreements with Indigo Capital LLC, issuing convertible notes to secure a $1.5 million capital infusion and extinguish existing debt.

Nuburu and HUMBL have entered into a $2 million equity swap agreement and strategic partnership to accelerate growth and shareholder value, with HUMBL becoming the exclusive distributor for Nuburu in Brazil.

Nuburu, Inc. has signed a commitment letter to acquire a license for defense sector technology, a controlling interest in a defense-tech company, and a controlling interest in a SaaS startup, pending due diligence, regulatory approval, and stockholder consent.

Nuburu Inc. reports a delay in the public sale of its assets securing outstanding senior notes, now scheduled for March 5, 2025.

Nuburu, Inc. announces a public sale of its assets securing outstanding senior notes after receiving a notice of default and acceleration.

Nuburu Inc. reports the resignation of three board members as part of its ongoing Transformation Plan, which includes recapitalization, asset acquisition, and management team expansion.

Nuburu, Inc. has entered into an agreement with S.F.E. Equity Investments SARL to address its defaulted promissory notes and restructure its operations, while also settling claims with Liqueous LP.

Nuburu Inc. has increased its board size from four to six members, appointing Dario Barisoni and Shawn Taylor as new directors effective December 31, 2024.

Nuburu, Inc. successfully obtained shareholder approval for several key proposals, including the election of two directors and the issuance of shares related to convertible notes and equity lines of credit.

Nuburu, Inc. received a default notice and demand for payment on its $6.8 million senior convertible notes due to missed repayments.

Nuburu Inc. received a warning letter from the NYSE for violating listing rules related to the issuance of approximately 4.6 million common shares.

Nuburu, Inc. received a notice from the NYSE American Market for not meeting the minimum audit committee composition requirements due to a recent director resignation.

Nuburu Inc. has amended its bylaws to reduce the quorum requirement for stockholder meetings from a majority to one-third of the voting power.

Nuburu Inc. reports the resignation of two directors, Lily Yan Hughes and Kristi Hummel, effective October 21, 2024.

Nuburu, Inc. has announced it will restate its financial statements for multiple periods due to errors in accounting for convertible notes and preferred stock, and has identified a material weakness in internal controls.

Nuburu, Inc. has canceled its special meeting due to a lack of quorum and will resubmit proposals for critical financing at its upcoming annual meeting.

Nuburu, Inc. has entered into a strategic financing agreement with Liqueous LP, securing an immediate $3 million investment and a $50 million equity line of credit.

Nuburu, Inc. has entered into agreements with Esousa Group Holdings LLC, securing a $148,000 capital infusion and restructuring $137,000 of existing debt.

Nuburu, Inc. has entered into agreements to raise $500,000 through a convertible note and extinguish $500,000 of existing debt, strengthening its financial position.

Nuburu, Inc. has successfully resolved its listing deficiency related to low share price and will resume trading on the NYSE American on August 2, 2024.

Nuburu has set a new record date of July 23, 2024, for its previously announced 1-for-40 reverse stock split, aiming to regain NYSE listing and attract larger investors.