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Nuburu Engages in Financial Transactions with Torcross Capital

Story Highlights
  • Nuburu exchanged Series A Preferred Stock for convertible notes with Torcross Capital.
  • The transactions limit Torcross’s ownership and are subordinate to existing stock rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nuburu Engages in Financial Transactions with Torcross Capital

Elevate Your Investing Strategy:

An update from Nuburu ( (BURU) ) is now available.

On June 25, 2025, Nuburu, Inc. entered into financial transactions with Torcross Capital LLC, involving the exchange of Series A Preferred Stock for convertible notes and a capital infusion. These notes, maturing on June 24, 2026, are unsecured, bear no interest unless in default, and have specific conversion terms. The transactions limit Torcross’s potential ownership to 9.9% of Nuburu’s common stock and are subordinate to existing Series A Preferred Stock in terms of dividend and liquidation rights. The securities were sold privately to an accredited investor, exempt from registration under the Securities Act.

Spark’s Take on BURU Stock

According to Spark, TipRanks’ AI Analyst, BURU is a Underperform.

Nuburu’s overall stock score reflects significant financial instability, with weak income and cash flow performance, a concerning balance sheet, and poor technical indicators. However, the recent strategic partnership with HUMBL offers a potential growth avenue, partially offsetting negative financial metrics.

To see Spark’s full report on BURU stock, click here.

More about Nuburu

Average Trading Volume: 23,656,312

Technical Sentiment Signal: Sell

Current Market Cap: $20.68M

Learn more about BURU stock on TipRanks’ Stock Analysis page.

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