NUBURU Announces $100M Equity Facility To Enhance Financial Flexibility Through 2028

NUBURU's Strategic Growth Potential Enhanced Through Access to Capital and Key Acquisition Targets

NUBURU, Inc. (NYSE:BURU), a leader in high-power blue laser technology under a pivotal transformation plan, entered into a standby equity purchase agreement (the "Agreement") with YA II PN, Ltd. (the "Investor") under which the company has the option, subject to the conditions set forth therein, to sell up to $100 million in shares. This facility provides NUBURU with the financial flexibility to execute controlled stock sales until May 30, 2028.

The Agreement, executed on May 30, 2025, allows NUBURU to sell shares valued up to $100 million at its discretion, which will be based on market conditions and the company's evolving needs. Under the terms of the Agreement, NUBURU maintains full authority over the timing and quantity of any share sales, ensuring strategic control over its funding operations and empowering NUBURU to dictate the pace and volume of equity sold, aligning sales strategies with operational goals. Certain conditions, including an effective registration statement, must be satisfied before the company may make any sales under the Agreement.

The purchase price for the equity sales under the Agreement will be 97% of the lowest daily volume-weighted average price (VWAP) of the common shares over the three trading day period following the company's submission of a sale notice to the Investor.

The proceeds from any stock sales under this agreement are intended for general corporate purposes, including working capital and growth initiatives, consistent with NUBURU's strategic commitments outlined in its transformation plan. In line with these growth ambitions, the Company recently disclosed its plan to acquire a controlling interest in Tekne S.p.A. ("TEKNE") https://en.tekne.it, pending regulatory and stockholder approval. TEKNE is known for its unique capability to unify advanced electronics and special-purpose vehicle engineering under one roof to deliver fully integrated, mission ready, high-performance systems. Its core strength lies in the depth expertise of its engineering department, with roots in the division it acquired from Thalesin 2016. TEKNE conducts operations globally and has established commercial and support operations in the U.S., including its strategic partnership in 2024 with U.S.-based Flyer Defense, a leading provider of tactical ground mobility solutions. Together, TEKNE and Flyer Defense have announced plans to produce the Flyer 72-Heavy Duty vehicle, designed for rapid deployment across diverse military operations. This collaboration aims to enhance the capabilities of the Italian armed forces and its NATO allies, including U.S. armed forces, fostering an environment of interoperability and readiness. TEKNE's board of directors aims to further enhance its governance and strategic support by appointing senior advisers with a background in serving the US armed forces. Leveraging this expertise, TEKNE intends to expand its presence in the U.S. market, including plans to establish a technology laboratory focused on addressing specific U.S. defense-tech needs.