QualityStocksNewsBreaks – NUBURU, Inc. (NYSE American: BURU) Closes $38 Million Public Offering
NUBURU (NYSE American: BURU) announced the closing of its previously announced best-efforts public offering, raising approximately $38.0 million in gross proceeds before fees and expenses. The offering included common stock and/or pre-funded warrants with accompanying Series B Preferred Stock and was led by a New York-based single-family office with participation from other accredited investors and family offices. The company said it intends to use the proceeds to advance its proposed acquisition of Tekne, repay outstanding debentures and continue building its integrated Defense & Security platform. NUBURU also disclosed that it received notice from NYSE American that it had fallen out of compliance with the exchange's continued listing requirements…