NUBURU, Inc. Completes First Tranche of Preferred Equity Restructuring, Eliminating Approximately $8.4 Million of Series A Preferred Liabilities
Preferred Equity Restructuring Eliminates Approximately 40% of Series A Preferred Liabilities Without Cash Redemption
The completed first tranche resulted in the restructuring and effective elimination of approximately
Transaction Overview – First Tranche
Under the transaction, a third-party investor acquired 844,938 shares of the Company’s Series A Convertible Preferred Stock from an existing preferred stockholder and subsequently exchanged those shares with NUBURU for pre-funded common stock purchase warrants with a nominal exercise price. The exchange was completed in reliance on the exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933, as amended.
As a result of this transaction, the related preferred stock liabilities were eliminated and converted into equity-classified instruments, materially reducing preferred stock overhang while preserving Company liquidity.
The accounting treatment of the Series A Convertible Preferred Stock prior to the exchange is described in the Company’s Quarterly Report on Form 10-Q for the period ended
Potential Additional Tranche
The Company currently targets completing an additional restructuring transaction involving approximately 450,000 shares of Series A Convertible Preferred Stock in the near future. Any such additional tranche would be subject to further agreement with the investor and satisfaction of applicable conditions. There can be no assurance that any additional tranche will be completed.
Balance Sheet Simplification and Strategic Context
This first-tranche restructuring follows other balance-sheet actions undertaken by the Company during 2025, including negotiated settlements of certain legacy accounts payable. Collectively, these actions reflect management’s continued focus on addressing historical capital structure complexity while maintaining liquidity to support the Company’s ongoing transformation plan.
The Company continues to evaluate strategic initiatives and acquisitions across defense, security, and critical-infrastructure-related technologies, subject to regulatory approvals, market conditions, and financing availability.
About NUBURU
Founded in 2015,
For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements, identified by words such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast,” or their negatives or variations. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including but not limited to: (1) satisfaction of customary closing conditions related to the private placement, (2) anticipated net proceeds and use of proceeds, (3) the ability to meet applicable securities exchange listing standards; (4) the impact of the loss of the Company’s patent portfolio through foreclosure; (5) failure to achieve expectations regarding business development and acquisition strategies; (6) inability to access sufficient capital; (7) inability to realize anticipated benefits of acquisitions; (8) changes in applicable laws or regulations; (9) adverse economic, business, or competitive factors; (10) financial market volatility due to geopolitical and economic factors; and (11) other risks detailed in the Company’s
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities.
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NUBURU Investor Relations: ir@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
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