NUBURU completes $8.4 million preferred equity restructuring

NUBURU Inc. (NYSE American: BURU) completed the first portion of a preferred equity restructuring that eliminated approximately $8.4 million of Series A Convertible Preferred Stock liabilities without requiring cash redemption.

The transaction involved 844,938 shares of Series A Preferred Stock, representing about 40% of the company's outstanding Series A Preferred liabilities. A third-party investor acquired the shares from an existing preferred stockholder and exchanged them with NUBURU for pre-funded common stock purchase warrants with a nominal exercise price.

The exchange was completed under Section 3(a)(9) of the Securities Act of 1933, converting the preferred stock liabilities into equity-classified instruments. NUBURU stated this reduced preferred stock overhang while preserving company liquidity.

The blue laser technology developer indicated it targets completing an additional restructuring involving approximately 450,000 shares of Series A Convertible Preferred Stock. The company noted that any additional transaction would require further agreement with the investor and satisfaction of applicable conditions.

NUBURU reported the restructuring follows other balance sheet actions during 2025, including negotiated settlements of certain legacy accounts payable. The company develops blue laser technology and is expanding into defense, security and critical infrastructure sectors under Executive Chairman and Co-CEO Alessandro Zamboni.

The information is based on a company press release statement.

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