NUBURU Announces Elimination of 100%
of its Long-Term Indebtedness and $5.15 Million Strategic
Investment in Supply@ME Capital
Elimination of 100% of Long-Term
Indebtedness Allows Financial Flexibility for Future Transactions.
Strategic Relationship Amplifies NUBURU's Capital-Light
Transformation and Expands Innovative Solutions for Critical
Industries.
CENTENNIAL,
CO -- March 19, 2025 -- InvestorsHub NewsWire
-- NUBURU,
Inc. (NYSE
American: BURU), a pioneering leader in high-power laser
technology, announces a significant strategic investment in
Supply@ME Capital Plc (LON:SYME) ("SYME"), a disruptive fintech
platform focused on Inventory Monetisation© solutions for
manufacturing and trading companies. This strategic relationship
aligns with NUBURU's ambitious transformation plan as it seeks to
build on its existing technology, while diversifying its assets in
alignment with its announced growth strategy.
NUBURU
has entered into a $5.15 million on-demand convertible funding
facility to be provided to SYME, funded through the support of SFE
Equity Investment SARL and its partners. This investment, which is
expected to be converted into SYME shares and will result in NUBURU
holding a controlling interest in SYME, will support the
development of innovative financial solutions by SYME, while
allowing NUBURU to strategically pivot towards a capital-light
business approach that leverages AI, robotics, and fintech
solutions.
NUBURU's
Executive Chairman, Alessandro Zamboni, who is also the founder and
CEO of SYME, emphasized the importance of this investment:
"Through strategic transactions like our investment in SYME, we are
positioned to enhance our own operational efficiency and
responsiveness to market demands, as well as help clients do the
same. This investment signifies our commitment to a sustainable
growth trajectory that prioritizes innovation and the strategic
development of critical sectors."
Importantly,
this investment comes on the heels of NUBURU's successful
initiatives to eliminate 100% of its outstanding long-term
indebtedness, enabling the Company to pursue fresh capital in
support of its transformation plan, which includes the strategic
investment in SYME. The adoption of SYME's platform will also allow
NUBURU to access innovative, off-balance sheet finance solutions,
to provide liquidity to maintain competitive inventory levels to
support it business.
This
strategic investment in SYME underscores NUBURU's commitment to
progressive growth in evolving industries and will reinforce the
Company' leadership in laser technology, defense and security
solutions.
About NUBURU
NUBURU,
Inc. was founded in 2015 as a developer and manufacturer of
industrial blue laser technology that is transforming the speed and
quality of laser-based manufacturing. Under its new management team
led by Executive Chairman Alessandro Zamboni, NUBURU is executing a
comprehensive growth and diversification strategy, expanding into
complementary domains such as defense-tech, security, and
operational resilience solutions. Headquartered in Centennial,
Colorado, NUBURU is leveraging strategic partnerships and
acquisitions to accelerate growth in high-value sectors. For more
information, visit
www.nuburu.net.
About Supply@ME Capital plc
Supply@ME
Capital plc and its operating subsidiaries provide its platform for
use by manufacturing and trading companies to access inventory
trade solutions enabling their businesses to generate cashflow, via
a non-credit approach and without incurring debt. This is achieved
by their existing eligible inventory being added to the platform
and then monetised via purchase by third party inventory funders.
The inventory to be monetised can include warehoused goods waiting
to be sold to end-customers or goods that are part of a typical
import/export transaction.
Forward-Looking Statements
This
press release contains certain "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements other than statements of historical fact
contained in this press release may be forward-looking statements.
Some of these forward-looking statements can be identified
by
the use of forward-looking words, including "may," "should,"
"expect," "intend," "will," "estimate," "anticipate," "believe,"
"predict," "plan," "seek," "targets," "projects," "could," "would,"
"continue," "forecast" or the negatives of these terms or
variations of them or similar expressions. All forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. All
forward-looking statements are based upon estimates, forecasts, and
assumptions that, while considered reasonable by the Company and
its management, are inherently uncertain. Many factors may cause
the Company's actual results to differ materially from current
expectations, including but are not limited to: (1) the ability to
meet security exchange listing standards; (2) the impact of the
loss of the Company's patent portfolio through the previously
announced foreclosure; (3) failure to achieve expectations
regarding business development and the Company's acquisition
strategy; (4) the inability to access sufficient capital to
operate; (5) the inability to recognize the anticipated benefits of
the initial business combination and the current transaction, which
may be affected by, among other things, competition, the ability of
the Company to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; (6) changes in applicable laws or
regulations; (7) adverse impacts of general economic, business, and
competitive factors; (8) volatility in the financial system and
markets caused by geopolitical and economic factors; and (9) other
risks and uncertainties set forth in the sections entitled "Risk
Factors" and "Cautionary Note Regarding Forward-Looking Statements"
in the Company's most recent periodic report on Form 10-K or Form
10-Q and other documents filed with the SEC from time to time.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Nothing in this press release should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. The Company does not
give any assurance that it will achieve its expected results. The
Company assumes no obligation to update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise, except as otherwise required by
applicable law.
Contacts
NUBURU, Inc. (NYSE American: BURU)
Investor Relations: alessandro.zamboni@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
Source:
NUBURU, Inc.