BURU...16...Just noticed this News...🥳...CENTENNIAL, Colo., April 22, 2025--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a pioneering leader in high-power blue laser technology, announces a transformative strategic update underscoring its commitment to advancing into high-growth markets and is pleased to announce the company has secured funding partners to address up to approx. $3.4 million in accounts payables left from previous management, enabling NUBURU to eliminate past debts and enhance its financial flexibility.
This pivotal announcement comes on the heels of NUBURU's previous strategic investment in Supply@ME Capital Plc, a $5.15 million on-demand convertible funding commitment, which further positions the company to pivot towards a capital-light, sustainable growth approach through innovative fintech solutions. The integration of SYME’s financial platform will provide liquidity and empower NUBURU to maintain competitive inventory levels as it braces for exciting growth in the defense and security sectors.
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