NUBURU, a next-generation dual-use Defense & Security integrated platform company, announced the commencement of a proposed best-efforts public offering of up to $38 million of securities.
Under the proposed terms, the offering is expected to be priced above the current market price of the company’s common stock, with a proposed public offering price of $0.1555 per share, representing a 5% premium to the closing price of NUBURU’s common stock on July 10, 2026. The offering is subject to market and other conditions, including final pricing negotiations, and there is no assurance as to whether or when it may be completed or what its final size and terms will be.
If completed and fully subscribed, NUBURU intends to use the net proceeds to satisfy the financial assurances requirements associated with the Italian Government’s Golden Power review and position the company to complete its previously announced proposed acquisition of a 70% controlling interest in Tekne S.p.A., subject to Golden Power clearance and other closing conditions. The company also plans to redeem in full approximately $15.5 million in outstanding indebtedness under its debenture and $1.25 million of convertible notes issued in connection with the previously announced Lyocon acquisition, ending the cycle of satisfying monthly installments through recurring stock issuances under its standby equity purchase agreement.
The remaining proceeds would add primary equity capital, strengthen the company’s stockholders’ equity and pro forma tangible book value in support of its NYSE American continued-listing compliance efforts, and support near-term acquisition, working capital, and platform execution requirements, enabling NUBURU to halt use of its equity line for at least 90 days.
NUBURU is a next-generation dual-use Defense & Security integrated platform company delivering software-orchestrated, hardware-enabled capabilities for defense and security, critical infrastructure, and digital resilience markets, with a platform strategy spanning directed energy and non-kinetic effects, electronic warfare and CEMA, defense mobility, operational resilience software, and advanced deployable manufacturing.
Support: Joseph Gunnar & Co., LLC is acting as the exclusive placement agent for the proposed offering.
