NUBURU Secures $100 Million Standby Equity Purchase Facility to Pursue Acquisition of Tekne S.p.A.

June 2, 2025

NUBURU, Inc. entered into a standby equity purchase agreement with YA II PN, Ltd. that gives NUBURU the option to sell up to $100 million of its shares, subject to specified conditions. NUBURU said the flexibility supports its growth and transformation plan, including a plan to acquire a controlling interest in Tekne S.p.A. pending regulatory and stockholder approval.

Buyers
NUBURU, Inc., YA II PN, Ltd.
Targets
Tekne S.p.A., NUBURU, Inc.
Industry
Energy
Location
Colorado, United States
Transaction Type
Growth capital

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