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The latest announcement is out from Nuburu ( (BURU) ).
On June 18, 2025, Nuburu, Inc. entered into transactions with Bomore Opportunity Group Ltd, involving the exchange of 100,000 shares of Series A Preferred Stock for a $1,050,000 unsecured, convertible note, and a $250,000 capital infusion for a $250,000 unsecured, convertible note. Both notes have a maturity date of June 17, 2026, and are convertible based on the lowest VWAP prior to conversion. The transactions are subject to stockholder approval and limit Bomore’s ownership to 9.9% of Nuburu’s outstanding common stock. These notes are subordinate to the Series A Preferred Stock concerning dividend and asset distribution rights.
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: 21,477,081
Technical Sentiment Signal: Sell
Current Market Cap: $18.96M
Learn more about BURU stock on TipRanks’ Stock Analysis page.