Nuburu to Convert USD 1.74 Million Debt Into 34,870 Common Shares

Holder of Nuburu's USD 1.74 million convertible note to convert it into 34,870 common shares under originally agreed fixed-share terms. The note financed the initial 2.9% Tekne stake; its split-adjusted conversion price is USD 49.90 per share. Approximately USD 16.75 million of debt retired in full using proceeds from the USD 38 million public offering. Approximately EUR 29.7 million of shareholder loans and other receivables irrevocably waived at closing, becoming permanent, non-repayable Tekne equity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via (Ref. ID: 202610150830BIZWIRE_USPR_____20261015_BW023195) on October 15, 2026, and is solely responsible for the information contained therein. (C)