Nuburu ( (BURU) ) has provided an announcement.
On February 28, 2025, NUBURU, Inc. announced a $2 million share exchange agreement and strategic partnership with HUMBL, Inc. This partnership involves NUBURU issuing common stock to HUMBL, while HUMBL issues Series C Preferred Stock to NUBURU, contingent on regulatory and stockholder approvals. HUMBL will become the exclusive distributor for NUBURU’s products in Brazil, with potential expansion to all of Latin America based on performance. This alliance aims to accelerate growth and shareholder value, leveraging HUMBL’s regional network and NUBURU’s technological expertise.
More about Nuburu
NUBURU, Inc., founded in 2015 and headquartered in Centennial, Colorado, is a developer and manufacturer of industrial blue laser technology. The company is expanding into defense-tech, security, and operational resilience solutions under the leadership of Executive Chairman Alessandro Zamboni. NUBURU is pursuing growth through strategic partnerships and acquisitions in high-value sectors.
YTD Price Performance: -74.50%
Average Trading Volume: 16,614,917
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.14M
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