Nuburu, Inc. (BURU) Form 8-K — Oct 21, 2026
$BURUForm 8-KItems 1.01, 2.01, 3.01, 9.01Filed Oct 21, 2026, 6:00 AM ET0001193125-26-427115Original filing
Nuburu's subsidiary Nuburu Defense completed the acquisition of a 67.1% stake in Italy's Tekne S.p.A. on October 15, 2026, for a fixed price of €5,200,000, bringing its total ownership to 70%. The deal includes a €20,000,000 cash earn-out with a €2,000,000 guaranteed annual minimum payable through fiscal 2036, with Nuburu jointly and severally liable. To fund the recapitalization, Nuburu irrevocably waived €29,694,958.28 of receivables owed by Tekne, including a €27,693,000 shareholder loan, as a capital contribution with no repayment rights.
Key figures
- Deal Value Usd
- 5200000
- Security bond usd
- approximately US$4.2 million
- Earn out total eur
- €20,000,000 (reduced from €29,692,000)
- Purchase price eur
- €5,200,000 (€1,200,000 paid October 15, 2026; €4,000,000 deferred in four €1,000,000 installments through March 31, 2027)
- Tekne stake acquired
- 67.1% (745,759 shares), bringing Nuburu Defense total ownership to 70%
- Consultancy annual rate eur
- €120,000 (€60,000 for six-month term)
- Recapitalization waiver eur
- €29,694,958.28 waived by Nuburu, including €27,693,000 shareholder loan
- Guaranteed annual minimum eur
- €2,000,000
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