Nuburu confirms closing funds for Tekne acquisition
Nuburu says it holds required funds to complete its acquisition of a 70% controlling interest in Tekne S.p.A. and requires no additional capital raise to close.
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12:31:17 PM UTC
SquawkNews
NUBURU confirmed it has funds in place to close its acquisition of a 70% controlling interest in Tekne, targeting the first week of Oct. 2026, subject to remaining approvals. Tekne management reports approx. $135.4M in net remaining order value.Material DetailsContext by AI AnalystThis advances a p…
NUBURU, Inc. A. (“Tekne”) and does not need any additional capital raise to close. The company said the funding position supports completion of the deal.