NUBURU Announces Elimination of 100% of its Long-Term Indebtedness and $5.15 Million Strategic Investment in Supply@ME Capital
March 19 2025 - 8:30AM
Business Wire
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.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250319695243/en/
NUBURU, Inc. (NYSE American: BURU) Investor Relations:
alessandro.zamboni@nuburu.net Media Contact: press@nuburu.net
Website: www.nuburu.net
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