Nuburu, Inc. (BURU) Form S-3 — Oct 15, 2026
Nuburu filed an S-3 to register the resale of up to 20 million shares issuable to selling stockholders upon conversion of Series B Preferred Stock issued in its July 17, 2026 public offering. The registered share count is nearly double the 10.5 million shares outstanding as of September 29, 2026, and full conversion of the remaining preferred would total roughly 77.7 million shares. Nuburu will receive no proceeds from the resales, though full conversion of the Series B Preferred could deliver up to $35.9 million in gross proceeds for working capital and its Transformation Plan. The company completed the Tekne S.p.A.
Key figures
- Gross Proceeds
- $35.9 million maximum from Series B Preferred conversions; $35.5 million net received from July 2026 Public Offering
- Offering Price
- 0.94
- Shares Offered
- 20000000
- Shares Outstanding
- 10514898
- Q2 2026 revenue
- 524927
- H1 2026 net loss
- 6174759
- Q2 2026 net loss
- 5714861
- Registration fee
- 1601
- Accumulated deficit
- 206654590
- Reverse splits 2026
- ["1-for-4.99 (Feb 27, 2026)","1-for-40 (Sept 1, 2026)"]
- Registration expenses
- 54101
- Assumed conversion price
- $0.94 (Sept 29, 2026 close)
- Placement agent fee rate
- 6.25%
- Series b preferred shares
- 733853
- Net tangible book deficit per share
- $3.13 pro forma
- Conversion shares on full conversion
- 77728970
AI analysis
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