Nuburu, Inc. (BURU) Form 8-K — Jun 1, 2026
Nuburu, Inc. (BURU) entered into an Investment Agreement on May 26, 2026, to acquire a controlling 70% equity interest in Tekne S.p.A., an Italian defense company. The transaction is structured in two phases: first, Nuburu Defense will acquire a 57.1% stake for a subscription price of €29.692 million, subject to Italian government approval under Golden Power Regulations by September 30, 2026. Following the initial closing, Nuburu Defense will purchase an additional 10% stake from Tekne’s shareholders for €5.2 million in cash plus an earn-out of up to €29.692 million based on Tekne’s annual revenues from 2027 to 2036.
Key figures
- Deal Value Usd
- €29,692,000
- Earnout max
- €29,692,000
- Approval deadline
- September 30, 2026
- Target stake percent
- 70%
- Current stake percent
- 2.9%
- Interim stake percent
- 57.1%
- Additional funding cap
- $12,000,000
- Convertible receivable total
- €17,692,000
- Cash payment for stock purchase
- €5,200,000
Price after filing
Close on the filing date to close N calendar days later (from $0.18). Historical, not a forecast.
AI analysis
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