Nuburu Issues Convertible Notes in Strategic Deal

Nuburu ( (BURU) ) has provided an update.

On June 3, 2025, Nuburu, Inc. engaged in financial transactions with Brick Lane Capital Management Limited, involving the exchange of shares and issuance of convertible notes. The company issued a $1,050,000 convertible note in exchange for 100,000 shares of its Series A Preferred Stock and a $250,000 convertible note for a capital infusion of the same amount. These notes are unsecured, bear no interest unless in default, and have specific maturity dates and conversion terms. The transactions are structured to limit Brick Lane’s potential ownership and are subject to stockholder approval, with the notes being subordinate to existing Series A Preferred Stock in terms of 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: 23,383,316

Technical Sentiment Signal: Sell

Current Market Cap: $19.1M

See more data about BURU stock on TipRanks’ Stock Analysis page.