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The latest announcement is out from Nuburu ( (BURU) ).
Nuburu, Inc. has entered into several financial agreements to secure capital infusions totaling $782,000. On May 12, 2025, Nuburu signed a Business Loan and Security Agreement with Agile Capital Funding, LLC for $500,000, issuing a $525,000 secured promissory note requiring weekly repayments. On May 13, 2025, the company entered into Securities Purchase Agreements with 1800 Diagonal Lending LLC and Boot Capital LLC, issuing convertible promissory notes for $188,000 and $94,000, respectively. These notes bear interest at 10% and can be converted into common stock at a discounted rate after 180 days. The agreements aim to bolster Nuburu’s financial position, with Diagonal agreeing to potentially provide up to $2,275,000 in additional financing over the next year.
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: 15,839,790
Technical Sentiment Signal: Sell
Current Market Cap: $7.23M
For a thorough assessment of BURU stock, go to TipRanks’ Stock Analysis page.
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