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NUBURU, Inc. (NYSE:BURU) ("NUBURU" or the "Company") is excited to announce that its stockholders have overwhelmingly approved key proposals in support of its financing strategy, a pivotal milestone in the Company's strategic transformation into a leader in defense-tech and operational resilience through its Defense & Security Hub initiative. This stockholder approval enables NUBURU to advance key strategic objectives, including: Electing Alessandro Zamboni as a Class III director to hold office until the annual meeting of stockholders to be held in 2028 and until his successor is duly elected and qualified. Increasing authorized share capital and access to equity financings to faci
Nuburu Inc., a global leader in high-performance laser technology solutions, announces an update on its strategic transformation efforts and the ongoing progress of its planned acquisitions forming part of the broader Defense & Security Hub initiative as Golden Power Clearance Progresses for Tekne SpA as "Tactical Bubble" forming part of the broader Defense & Security Hub initiative. NUBURU, Inc. (NYSE:BURU), a global leader in high-power blue laser technology, today announced significant progress in its strategic transformation, including developments within its planned Defense & Security Hub and key acquisitions. NUBURU, Inc. reports that the regulatory approval process for the acquis
NUBURU's Strategic Growth Potential Enhanced Through Access to Capital and Key Acquisition Targets NUBURU, Inc. (NYSE:BURU), a leader in high-power blue laser technology under a pivotal transformation plan, entered into a standby equity purchase agreement (the "Agreement") with YA II PN, Ltd. (the "Investor") under which the company has the option, subject to the conditions set forth therein, to sell up to $100 million in shares. This facility provides NUBURU with the financial flexibility to execute controlled stock sales until May 30, 2028. The Agreement, executed on May 30, 2025, allows NUBURU to sell shares valued up to $100 million at its discretion, which will be based on market c
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Initial 20% Acquisition Completed, Creating New Foundation to Deploy Laser Technology Applications NUBURU, Inc. (NYSE:BURU), a leader in high-power and high-brightness industrial blue laser technology, is proud to announce the successful completion of the first key step in its strategic acquisition plan focused on the defense and security business sector. This pivotal move aligns with the Company's ongoing commitment to cultivate synergies with its existing laser technology expertise and the adoption of cutting-edge, AI-driven solutions and robotic process automation capabilities by virtue of the recent partnership with NexGenAI. Following the announcement of entering into a commitment le
San Diego, CA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC:HMBL) announced the execution of a $2,000,000 Equity Swap Agreement and strategic partnership with NUBURU, Inc. (NYSE:BURU) designed to accelerate both companies' growth strategies and deliver immediate value to shareholders. Transaction Details Under the terms of the Equity Swap Agreement: NUBURU will issue $2,000,000 in common stock to HUMBL (subject to applicable exchange cap, stockholder approval, and registration requirements); andHUMBL will issue an equal dollar amount of Series C Preferred Stock to NUBURU. Following satisfaction of any required stockholder or regulatory approvals and registration requirements, it
NUBURU, Inc. (NYSE:BURU, the "Company")), a leading innovator in high-power blue laser technology, and HUMBL, Inc. (OTC:HMBL), a strategic holding company with focus in Brazil, today announced the execution of a $2 million Equity Swap Agreement and strategic partnership designed to accelerate both companies' growth strategies and deliver immediate value to shareholders. Transaction Details Under the terms of the Equity Swap Agreement: NUBURU will issue $2 million in common stock to HUMBL (subject to applicable exchange cap, stockholder approval, and registration requirements); and HUMBL will issue an equal amount of Series C Preferred Stock to NUBURU Following satisfaction of a
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has received a notice of non-compliance (the "NYSE Notice") from the staff of the NYSE American Market (the "Exchange") indicating that the Company has become noncompliant with the continued listing standard set forth in Section 803B(2)(c) of the NYSE American Company Guide (the "Company Guide"), since the Company's Audit Committee is no longer comprised of at least two independent directors, as a result of the recent resignation of an independent director from the Company's Board of Directors. The NYSE Notice stated that, pursuant
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced the appointment of Brian Knaley as the Company's new Chief Executive Officer, replacing Dr. Mark Zediker, who has left the Company to pursue other opportunities. Mr. Knaley has also joined NUBURU's Board of Directors upon assuming the role. Mr. Knaley, who had served as the Company's Chief Financial Officer since February 2022, has over 25 years of experience in finance and operations. Prior to joining NUBURU, Mr. Knaley served as the chief financial officer of CEA Industries Inc. (NASDAQ:CEAD), a provider of controlled environmental
Former National Security Advisor Joins NUBURU's Board of Directors to Bolster Strategic and Commercial Development with Vast Defense Expertise NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced the appointment of former National Security Advisor John Bolton to its board of directors, effective August 22, 2023. In his new position, Bolton will provide valuable strategic insight to NUBURU to support the Company's efforts to expand its presence in the defense, energy, and aerospace markets as well as provide guidance on the impact of international relations and regulations on NUBURU's b