QualityStocksNewsBreaks – NUBURU, Inc. (NYSE American: BURU) Secures $23.25 Million Financing to Advance Defense and Security Platform Strategy
NUBURU (NYSE American: BURU), a developer of high-performance blue laser technology, has entered into a securities purchase agreement with YA II PN, Ltd. providing $23.25 million in gross proceeds in exchange for a $25.0 million unsecured debenture and associated warrant packages. The financing strengthens the Company’s capital position and supports execution of its previously outlined transformation into a vertically integrated Defense and Security platform, including advancing acquisition and integration initiatives across defense-grade laser and photonics systems, mission-critical software, advanced UAV platforms and specialized defense mobility solutions, subject to customary closing conditions. To view the full press release, visit https://ibn.fm/sAACz About…