NUBURU Announces Transition to New Equity Line of Credit
Nuburu, Inc. (BURU)
Company Research
Source: Business Wire
CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: 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 NUBURUFounded 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 produce for laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds at a rate that is up to eight times faster than traditional welding
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News
- NUBURU Announces Cancellation of Special Proxy Statement [Yahoo! Finance]Yahoo! Finance
- NUBURU Announces Cancellation of Special Proxy StatementBusiness Wire
- CORRECTION – Liqueous LP Announces $65 Million Financing Program in Nuburu Inc. (BURU), Highlighting Comprehensive Financing with Limited DilutionGlobeNewswire
- Liqueous LP Announces $65 Million Financing Program in Nuburu Inc. (BURU), Highlighting Comprehensive Financing with Limited Dilution [Yahoo! Finance]Yahoo! Finance
- NUBURU Secures Strategic $65 Million Funding Program to Accelerate Commercialization, Including $15 Million PIPE Investment & $50M Equity Line of Credit [Yahoo! Finance]Yahoo! Finance