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NUBURU Transitions to New Equity Line of Credit to Support Commercialization
NUBURU announces the transition to a new Equity Line of Credit with Liqueous to support its innovative blue laser technology and commercialization efforts.
NUBURU Focuses on Blue Laser Technology as It Cancels Special Proxy Statement for Funding
CENTENNIAL, Colo., October 14, 2024--NUBURU, Inc. ("NUBURU" or the "Company") (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial laser technology, today announced the cancellation of its Special Proxy Statement. Due to insufficient proxies to form a quorum, the company has withdrawn the proposals and canceled the Special Meeting. However, these critical proposals will be included in the upcoming annual meeting proxy statement, expected to be filed by October 31, 2024. The company aims to secure stockholder approval at this meeting to advance its commercialization and growth plans.
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Nuburu Secures $65M Financing for Advanced Laser Technology Expansion
Nuburu secures $65 million in financing to accelerate blue laser technology innovations across e-mobility, defense, and healthcare sectors, driving high-precision manufacturing advancements.
Strategic Investments for Long-Term Growth: Nuburu’s Financing Framework with Liqueous LP
Nuburu has recently established a significant financing framework with Liqueous LP, positioning the company for long-term growth and strategic expansion. This innovative arrangement offers Nuburu the flexibility to access capital as needed, enabling the execution of its strategic goals while minimizing the risks associated with heavy stock dilution.
Favorable Terms Reduce Dilution for Nuburu Shareholders
Nuburu, a leader in blue laser technology, recently secured a significant $65 million financing package, including $15 million in direct investment and a $50 million equity line of credit (ELOC). In a world where financing can often come at the cost of heavy dilution for shareholders, Nuburu has structured its deal with Liqueous LP in a way that minimizes dilution and avoids toxic financial practices. This careful financial approach allows Nuburu to raise capital while safeguarding the interests of its shareholders, ensuring that the company's growth ambitions are met without sacrificing shareholder equity.
Nuburu Secures $65 Million Funding to Drive Growth Across Key Sectors
Nuburu secures a $65M financing package, including $15M direct investment and $50M equity line of credit (ELOC), to accelerate the expansion of its groundbreaking blue laser technology across key industries like e-mobility, defense, and healthcare. This strategic financial boost supports Nuburu’s mission to revolutionize high-precision manufacturing and position itself as a leader in cutting-edge industrial innovation. With flexible capital for R&D and scalable growth, Nuburu is set to reshape the future of these critical sectors through sustainable, efficient, and innovative blue laser solutions.
Nuburu Financing Framework: Minimal Dilution for Investors through Partnership with Liqueous LP
The Nuburu financing framework developed in partnership with Liqueous LP is revolutionizing how high-growth companies raise capital while protecting their investors. This innovative financing strategy is designed to minimize dilution for shareholders, a key concern for anyone investing in companies aiming for rapid expansion. By structuring capital raises to avoid toxic financing practices, Nuburu ensures that its existing shareholders maintain their value as the company continues to grow.
Predictable Capital Access: Nuburu Secures $50 Million ELOC for Strategic Growth
Nuburu has secured a $50 million Equity Line of Credit (ELOC), a major step in its strategic growth journey, providing predictable capital access. This flexible financial tool empowers Nuburu to maintain stability and scale operations, ensuring long-term success in competitive markets like aerospace, defense, and advanced manufacturing. The predictable capital access aligns with market conditions, ensuring that Nuburu can raise funds without causing stock price volatility.
Blue Laser Technology Patents: How Nuburu is Leveraging IP for Competitive Advantage
Nuburu leverages over 233 blue laser technology patents to maintain its competitive edge in aerospace, defense, and advanced manufacturing. Discover how these patents drive innovation. In today’s fast-evolving technological landscape, intellectual property (IP) is more important than ever, especially in cutting-edge industries like laser technology. Nuburu is making a powerful statement by amassing over 233 blue laser technology patents, ensuring its innovations remain protected and its competitive advantage is secured. These patents not only position Nuburu as a leader in sectors like aerospace, defense, and manufacturing but also drive its ability to establish high-value partnerships with organizations such as GE Additive and the U.S. Navy.
Liqueous LP Nuburu Partnership: Confidence in Blue Laser Technology
The Liqueous LP Nuburu Partnership marks a significant milestone in the evolution of innovative technology within the manufacturing sector. As a premier multi-strategy fund, Liqueous LP specializes in liquidity solutions for micro, small, and mid-market issuers. This substantial investment further underscores Liqueous LP’s confidence in Nuburu’s groundbreaking blue laser technology, which has the potential to revolutionize key high-growth sectors, including manufacturing, aerospace, and electric vehicle production.
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