NUBURU Advances on Tekne Acquisition, Extinguishing $16.75 Million in Debt Days After $38.0 Million Offering

NUBURU has fully repaid approximately $16.75 million in debt, including its December 2025 debenture and Lyocon acquisition notes, using proceeds from a recent $38.0 million public offering. This action eliminates recurring monthly amortization obligations and frees up capital resources, significantly simplifying the company's capital structure. The company intends to use the remaining net proceeds to satisfy financial-assurance requirements for the proposed 70% acquisition of Tekne S.p.A. and to execute its integrated Defense & Security platform.

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