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NUBURU Closes Tekne Acquisition

NUBURU said it closed the Tekne acquisition on October 15. The company also said its Form S-3 raised no new capital.

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12:31:11 PM UTC
SquawkNews
NUBURU closed the acquisition of a 70% controlling interest in Tekne and said its Oct. 15 Form S-3 registers the resale of up to 20M shares tied to July Series B conversions, raising no new capital.Material DetailsContext by AI AnalystThis is a step-change update, moving NUBURU from tech developmen…

NUBURU, Inc. (NYSE American: BURU), the next-generation dual-use Defense & Security integrated platform company, today issued the following letter from Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer:Dear Fellow Shareholders,On October 15, NUBURU closed the acquisition of a 70…