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News 2026-10-28 12:30 UTC

NUBURU Closes 70% Acquisition of TEKNE, Reports $10.13M Equity

NUBURU said it closed its 70% acquisition of TEKNE S.p.A. and reported stockholders’ equity of about $10.13 million as of June 30, 2026, above the $4.0 million NYSE American threshold. TEKNE cited about $96.8 million in remaining order and program value, preliminary and conditional.