Nuburu (BURU) has issued an update.
Nuburu, Inc. has launched a $15 million Pre-Funded Warrant Purchase Program with strategic investors allowing them to buy warrants that can be exercised without additional payment. These investors also get a five-year warrant to purchase more shares at 150% of the pre-funded warrant’s price. Additionally, the company announced receiving an $850,000 contract from NASA to develop blue laser technology for space missions, further positioning itself as an innovative player in the tech and space industry.
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