Nuburu (BURU) has issued an announcement.
Nuburu, Inc. has recently struck a deal with accredited investors to sell $3 million in new common stock shares, alongside warrants that could potentially increase their stake. This move not only injects fresh capital into the company but also gives investors the power to nominate board members, signaling a shift towards more investor influence in company decisions. Furthermore, Nuburu is planning a stockholder meeting to propose key changes, including a company name change and adjustments to their Series A Preferred Stock, aiming to pave the way for future acquisitions and diversification. These strategic efforts reflect Nuburu’s commitment to growth and the value they place on their investors’ role in shaping the company’s future.
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