DOVER, Del., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Liqueous LP, a premier multi-strategy fund specializing in liquidity solutions, is pleased to announce the finalization of a $100 million Equity Line of Credit (ELOC) with Crown Electrokinetics Corp (NASDAQ:CRKN) (the "Company"). This significant financing arrangement is part of Liqueous's strategic expansion, focused on delivering tech-driven financial structures to micro, small, and mid-market issuers, aimed at enhancing shareholder value. In May 2024, Liqueous played a key role in helping CRKN fully pay off and retire all outstanding classes of convertible preferred stock, totaling over $11 million, as part of its comprehensive recapitaliz
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 decided to cancel the Special Proxy Statement. The Company has not received proxies that would constitute a quorum and has decided to cancel the Special Meeting and to withdraw from consideration by the Company's stockholders the proposals set forth in the Proxy Statement. The Company has determined to include proposals in its annual meeting proxy statement anticipated to be filed no later than October 31, 2024. The matters submitted to stockholders at the Special Meeting, and similar matters which will be submitted again at th
Featuring ZAPP, NUBURU, ACURX Pharmaceuticals, The Sustainable Green Team, and SEKUR's Hack of the WeekNEW YORK, NY / ACCESSWIRE / October 11, 2024 / New to The Street, the leading platform for showcasing innovative companies, is proud to announce its upcoming sponsored programming on Bloomberg TV airing Saturday, October 11, at 6:30 PM EST. The lineup includes ZAPP, NUBURU, and ACURX Pharmaceuticals, each bringing cutting-edge advancements in electric vehicles, blue laser technology, and antibiotic innovation to the forefront.Reuters NTTS In addition to these groundbreaking features, The Sustainable Green Team will highlight their eco-friendly solutions aimed at promoting environmental sust
Featuring ZAPP, NUBURU, ACURX Pharmaceuticals, The Sustainable Green Team, and SEKUR's Hack of the WeekNEW YORK, NY / ACCESSWIRE / October 11, 2024 / New to The Street, the leading platform for showcasing innovative companies, is proud to announce its upcoming sponsored programming on Bloomberg TV airing Saturday, October 12, at 6:30 PM EST. The lineup includes ZAPP, NUBURU, and ACURX Pharmaceuticals, each bringing cutting-edge advancements in electric vehicles, blue laser technology, and antibiotic innovation to the forefront.New to TheStreet/NASDAQ MarketSite In addition to these groundbreaking features, The Sustainable Green Team will highlight their eco-friendly solutions aimed at promot
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced the termination of its Equity Line of Credit (ELOC) with Lincoln Park and transition to a new ELOC with Liqueous, which was announced on October 7th, 2024. The Company believes that the Liqueous ELOC will be supportive of its path to achieve commercialization. About NUBURU Founded in 2015, NUBURU, Inc. (NYSEAM:BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and its high-brightness, high-power design to produce higher quality welds and parts at a faster rate than current lasers can pro
DOVER, Del., Oct. 07, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Monday, October 7th by Liqueous LP, there are changes in the text. The following release removes U.S. Navy and GE Additive and corrects it to U.S. Air Force: Liqueous LP, a leading multi-strategy fund, focused on leveraging emerging technologies to set a new industry standard for how micro, small, and mid-market issuers access growth capital, is pleased to announce a comprehensive $65 million financing program for Nuburu Inc. (NYSE:BURU), a trailblazer in high-power industrial blue laser technology. This financing program, structured jointly with the team at Nuburu, provides terms designed to
DOVER, Del., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Liqueous LP, a leading multi-strategy fund, focused on leveraging emerging technologies to set a new industry standard for how micro, small, and mid-market issuers access growth capital, is pleased to announce a comprehensive $65 million financing program for Nuburu Inc. (NYSE:BURU), a trailblazer in high-power industrial blue laser technology. This financing program, structured jointly with the team at Nuburu, provides terms designed to deliver predictable, strategic, and low-cost capital while minimizing dilution, significantly exceeding Nuburu's current market cap of approximately $2.6 million, underscoring the company's substantial intrins
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced a comprehensive funding program of approximately $65 million, including $15 million of direct investment and $50 million equity line of credit. This funding represents a pivotal moment for NUBURU, enabling us to accelerate commercialization with predictable access to capital. Investment Summary: On October 1, 2024, NUBURU, Inc. (the "Company") entered into a master transaction terms agreement (the "Master Agreement") with Liqueous LP, a Delaware limited partnership (the "Investor") pursuant to which, the Company and the Investor esta
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, is pleased to announce the air dates for the highly anticipated multi-part TV series on FMW Media's "New to The Street" business TV show featuring an in-depth interview with NUBURU, Inc. CEO Brian Knaley. The initial interview between CEO Brian Knaley and Jane King, the host of "New to The Street", discussed many keys points on the company's business, progress and expansion. The interview was filmed remotely setting up a second upcoming interview at the New York Stock Exchange in the coming weeks. The initial interview will air on Fox Business Networ
Driving Growth and Environmental Impact in the Evolving Landscape of Sustainable Technology NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU) a leading innovator in high-power and high-brightness industrial blue laser technology, is excited to announce a strategic collaboration with NUBURU and Lasers4NetZero, a visionary initiative dedicated to advancing sustainable practices. Lasers4NetZero has entered into this partnership with NUBURU for the implementation of their transformative 42-month program, the Project Advisory Group of Lasers for Accelerated Net-zero Transition. This partnership signifies a significant step towards accelerating the adoption of environmentally conscious tec
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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
Experienced laser industry veteran takes the helm to lead NUBURU's growth plans NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced the executive appointment of Dr. Matthew Philpott as Chief Marketing and Sales Officer. Dr. Philpott will oversee all aspects of marketing and sales. He will lead the team to further develop NUBURU's product roadmap and to accelerate market penetration across all segments. "We are excited to welcome Matthew as Chief Marketing and Sales Officer as he brings a proven track record of globally-coordinated, exponential growth and a vision for customer success
- NUBURU Successfully Completes Contract Awarded by U.S. Air Force - - Awarded Purchase Order from Major Multinational Electronics Manufacturer - NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial results for the third quarter ended September 30, 2023. Operational Updates Announced the completion of a contract awarded by U.S. Air Force following successful demonstration of blue laser-based area printing, supported by GE Additive, to develop scalable 3D printing manufacturing systems. Awarded a purchase order for delivery of a BL-250 from a major multinational
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, will host a conference call on Thursday, November 9, 2023 at 4:30 p.m. Eastern Time to discuss its results from the third quarter ended September 30, 2023. A press release detailing these results will be issued after the end of trading on the same day. A live webcast of the conference call will be accessible on NUBURU's investor relations website at https://ir.nuburu.net. A replay of the webcast will also be available for 90 days at https://ir.nuburu.net. The call can also be accessed from North America at (888) 259-6580, conference ID 73449372. A
—Second quarter revenue of $1.1 million, representing a 2,000+% year-over-year increase— —Completed a private placement with existing and new investors— NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial results for the second quarter ended June 30, 2023. Financial and Operational Highlights Total sales of $1.1 million, an increase of 2,125% compared to the second quarter of 2022. Announced a contract from NASA to demonstrate the feasibility of power beaming using a blue laser suitable for deployment on the moon or Mars. Announced a subsequent private pla
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, will host a conference call on Thursday, August 10, 2023 at 4:30 p.m. Eastern Time to discuss its results from the second quarter ended June 30, 2023. A press release detailing these results will be issued after the end of trading on the same day. A live webcast of the conference call will be accessible on NUBURU's investor relations website at https://ir.nuburu.net. A replay of the webcast will also be available for 90 days at https://ir.nuburu.net. The call can also be accessed from North America at (888) 886-7786, conference ID 67606887. About
Investors are subject to a one-year lock up. NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that, subsequent to the Purchase Agreement previously announced on June 12, 2023 which raised approximately $8.0 million, on June 16, 2023, the Company entered into an additional Note and Warrant Purchase Agreement (as amended, the "Purchase Agreement") with certain investors including existing investors, for the sale of (i) convertible promissory notes ("Convertible Notes") in the aggregate principal amount of $1.3 million, and (ii) warrants ("Warrants") to purchase up to 1,889,535 shares
First quarter revenue of approximately $0.5 million, representing a 422% year-over-year increase Launched new NUBURU BL™ Series laser NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial results for the first quarter ended March 31, 2023. "We had a very impactful first quarter of 2023. We have seen continued forward progress in our key markets of welding, 3D printing and defense. In particular, our work with the U.S. Air Force and our ongoing partnerships underscore the building momentum in our commercial pipeline," said Dr. Mark Zediker, CEO and Co-Founder of NUBURU.
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that it will release its financial results for the first quarter ended March 31, 2023, after market close on Thursday, May 11, 2023, followed by a conference call hosted by management at 4:30 p.m. ET. A live webcast of the conference call will be accessible on NUBURU's investor relations website at https://ir.nuburu.net. A replay of the webcast will also be available for 90 days at https://ir.nuburu.net. The call can also be accessed from North America at (888) 886-7786, conference ID 93574472. In addition, NUBURU has posted an upd
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial outlook for the fiscal year ending December 31, 2023. "We exited 2022 with commercial success as we began making deliveries to our key customers including Essentium and AFWERX. Early in 2023, we launched our latest product, the NUBURU BL™ Series which we expect to start shipping in Q2," said Dr. Mark Zediker, CEO and Co-Founder of NUBURU. "We expect 2023 to be another year in which we achieve critical milestones that continue to enable the customer adoption of our solutions in our rapidly evolving markets." Dr. Zediker
Fourth quarter and full year total revenue of $0.4 million and $1.4 million, representing a year-over-year increase of 602% and 282%, respectively Launched Second Generation Product - NUBURU BL™-Series Lasers NUBURU Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial results for the fourth quarter and the fiscal year ended December 31, 2022. "We ended 2022 on a high note as we began making deliveries under our previously announced contracts with Essentium and AFWERX. We have begun 2023 with the business momentum to pursue our near-term commercial and operational objectives as w
Nuburu, Inc. ("NUBURU" or the "Company") (OTC:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, is pleased to announce a marketing agreement with NexGenAI Solutions Group, Inc., a pioneer in AI-driven marketing solutions. This agreement aims to enhance Nuburu's marketing efforts, leveraging advanced artificial intelligence and various proprietary marketing tools to drive commercial growth and market penetration.
NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU) (OTC:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, announced that it will continue its previously announced plan to implement a 1-for-40 reverse stock split of its common stock ("Reverse Split"), with an anticipated implementation date of July 1, 2024 (the "Effective Date"), rather than the previously announced June 24, 2024 anticipated implementation date. Due to the NYSE halting trading in the common stock upon the initial announcement of the Reverse Split, the Company was unable to implement the Reverse Split as announced. The Company is in the process of appealing the NYSE's determinatio
U.S. stocks traded mixed toward the end of trading, with the S&P 500 edging higher on Thursday. The Dow traded down 0.21% to 38,629.82 while the NASDAQ rose 0.26% to 17,654.01. The S&P 500 also rose, gaining, 0.13% to 5,428.07 . Check This Out: Alphabet, Dropbox And 2 Other Stocks Insiders Are Selling Leading and Lagging SectorsInformation technology shares jumped by 1.1% on Thursday. In trading on Thursday, industrials shares fell by 0.9%. Top Headline Shares of Signet Jewelers Limited (NYSE:SIG) fell around 16% during Thursday’s session following mixed first-quarter earnings including an 8.9% drop in same store sales. The company reported a first-quarter FY25 sales d
Shares of Signet Jewelers Limited (NYSE:SIG) fell sharply during Thursday's session following mixed first-quarter earnings including an 8.9% drop in same store sales. The company reported a first-quarter FY25 sales decline of 9.5% year-on-year to $1.510 billion, missing the analyst consensus estimate of $1.514 billion. Adjusted EPS of $1.11 beat the consensus estimates of 85 cents. Signet expects second-quarter sales of $1.46 billion – $1.52 billion, versus the consensus of $1.508 billion. Signet Jewelers shares dipped 12.5% to $94.81 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares climb
Nuburu, Inc. (AMEX:BURU) shares are trading lower Thursday after the company announced it will be implementing a 1-for-40 reverse stock split. The Details: The 1-for-40 reverse stock split will be effective June 24 and the company expects its stock to begin trading on June 25 on a split-adjusted basis. Nuburu announced the reverse split in a letter to shareholders which outlined the company's strategic vision and growth milestones. The letter also stated the company intends to settle additional amounts of debt once by obtaining shareholder approval to issue shares in excess of 20% of its outstanding common stock. "Looking forward, I am excited and optimistic about the future of
Gainers YY Group Holding (NASDAQ:YYGH) stock rose 20.5% to $1.06 during Thursday's regular session. The company's market cap stands at $36.4 million. TOMI Environmental Solns (NASDAQ:TOMZ) stock moved upwards by 18.8% to $1.11. The market value of their outstanding shares is at $22.2 million. iPower (NASDAQ:IPW) shares moved upwards by 14.48% to $2.88. The company's market cap stands at $86.0 million. Montana Technologies (NASDAQ:AIRJ) stock increased by 12.89% to $10.72. The company's market cap stands at $577.2 million. WANG & LEE Group (NASDAQ:WLGS) shares moved upwards by 11.87% to $0.65. The company's market cap stands at $9.7 million. KULR Tech Gr (AMEX:KULR) stock increased by 1
U.S. stocks traded mixed midway through trading, with the Dow Jones index dipping by more than 200 points on Thursday. The Dow traded down 0.60% to 38,481.44 while the NASDAQ rose 0.31% to 17,663.22. The S&P 500 also fell, dropping, 0.05% to 5,418.22 . Check This Out: Alphabet, Dropbox And 2 Other Stocks Insiders Are Selling Leading and Lagging SectorsInformation technology shares jumped by 1.2% on Thursday. In trading on Thursday, industrials shares fell by 1.3%. Top Headline Shares of Broadcom Inc. (NASDAQ:AVGO) gained around 13% during Thursday's session after the company posted stronger-than-expected results for its second quarter. The company declared a quarterly d
U.S. stocks traded mixed this morning, with the Dow Jones index falling by more than 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.36% to 38,574.00 while the NASDAQ rose 0.55% to 17,705.52. The S&P 500 also rose, gaining, 0.19% to 5,431.23. Check This Out: Alphabet, Dropbox And 2 Other Stocks Insiders Are Selling Leading and Lagging SectorsInformation technology shares jumped by 1.4% on Thursday. In trading on Thursday, communication services shares fell by 0.9%. Top Headline U.S. producer prices fell by 0.2% month-over-month in May versus market estimates of a 0.1% gain and following a 0.5% increase in April. Equities Trading UP
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