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Nuburu Issues Convertible Note to Indigo Capital

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Nuburu Issues Convertible Note to Indigo Capital

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Nuburu ( (BURU) ) has provided an announcement.

On August 18, 2025, Nuburu, Inc. issued a $225,000 unsecured, convertible note to Indigo Capital LP in exchange for a capital infusion. The note, which bears no interest unless in default, has a maturity date of August 17, 2026, and a conversion price set at 80% of the lowest VWAP during the five days prior to conversion. This transaction limits Indigo’s holdings to 19.9% of Nuburu’s outstanding common stock unless approved by stockholders and prevents Indigo from holding more than 9.9% of the company’s common stock at any time. The note is subordinate to the Series A Preferred Stock concerning dividend and liquidation 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: 25,543,121

Technical Sentiment Signal: Sell

Current Market Cap: $13.43M

For an in-depth examination of BURU stock, go to TipRanks’ Overview page.

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