A Strategic Acquisition Agreement to Propel BURU’s Vision
into new markets synergistic with the laser-technology
NUBURU, Inc. (NYSE: BURU), a leading innovator in high-power and
high-brightness industrial blue laser technology, is excited to
announce its entry into a commitment letter aimed at expanding its
current defense business and establish a new presence in the
security sector.
This strategic transaction with a private equity investment
group signifies a pivotal transformation for NUBURU, which is
anticipated to include recapitalization, multiple acquisitions,
licensing of advanced technologies, and the introduction of a
management team with expertise relevant to these new ventures. The
initiative will be led by Executive Chairman Alessandro Zamboni,
who emphasizes a commitment to harnessing international investments
to advance into both existing and emerging markets.
Through this first acquisition, NUBURU plans to develop a new
hub focused on defense and security solutions and will embark on
acquiring interests in additional technology companies that align
with its strategic vision. This will enable NUBURU to expand its
current expertise to generate potential synergies with the new
ventures. In that regard, pursuant to the terms of the commitment
letter, NUBURU would acquire (i) a license of certain technology
that would allow it to expand its existing business within the
defense sector, (ii) a controlling ownership interest in a
defense-tech company that specializes in the design, production,
and outfitting of a diverse range of vehicles, including industrial
and military applications, as well as electronic devices for
defense and security, advanced telecommunications, and tracking
systems, and (iii) a controlling interest in a Software as a
Service (SaaS) startup focused on operational resilience (which
includes business continuity, ICT risk management and
cybersecurity), offering significant potential synergies within the
new hub.
The anticipated acquisitions will occur in two stages, with the
first stage involving the acquisition of a license and purchase of
a 20% ownership interest for an aggregate price of $1.5 million in
cash alongside $23.5 million in five-year notes bearing a 10%
interest rate. The second stage, requiring stockholder approval,
involves the acquisition of additional ownership interests,
resulting in NUBURU holding a controlling interest in the target
entities, which would involve issuing greater than 20% of the
Company’s outstanding common stock as part of the purchase
price.
The defense market is experiencing rapid growth, projected to
expand from $491.06 billion in 2024 to $527.06 billion in 2025,
representing a compound annual growth rate (CAGR) of 7.3%.
Similarly, the cybersecurity market is set to grow from $243.15
billion in 2024 to $267.51 billion in 2025, with a CAGR of 10.0%.
These trends are driven by an increase in cyber threats, military
modernization efforts, and growing demand for advanced military
technologies (Source: The Business Research Company).
“This transformative acquisition not only amplifies our
technological capabilities but also positions NUBURU in the defense
sector and the operational resilience emerging market needs,” said
Alessandro Zamboni, Executive Chairman of NUBURU. “We are committed
to leveraging our expertise and resources to drive innovation and
provide cutting-edge solutions that meet the evolving needs of all
the major critical industries.”
About Nuburu
Founded in 2015, NUBURU, Inc. (NYSE: BURU) is a developer and
manufacturer of industrial blue lasers that leverage fundamental
physics and their high-brightness, high-power design to produce
faster, higher quality welds and parts than current lasers can
provide in laser welding and additive manufacturing of copper,
gold, aluminum, and other industrially essential metals. As
announced on February 7, 2025, the company is focused on building a
stable foundation from which to expand and diversify its assets in
connection with its announced Transformation.
For more information, please visit www.nuburu.net.
Important Information and Where to Find It
This press release relates to a proposed transaction and does
not constitute an offer to sell or exchange, or the solicitation of
an offer to buy or exchange, any securities, nor shall there be any
sale of securities in any jurisdiction in which such offer, sale or
exchange would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. In connection
with the transaction described herein, the Company intends to file
relevant materials with the SEC, including a proxy statement. The
proxy statement will be sent to all stockholders. Before making
any voting or investment decision, stockholders are urged to read
the proxy statement and all other relevant documents filed or that
will be filed with the SEC in connection with the proposed
transaction as they become available because they will contain
important information about the proposed transaction.
Stockholders will be able to obtain free copies of the proxy
statement and all other relevant documents filed or that will be
filed with the SEC through the website maintained by the SEC at
www.sec.gov or by directing a request to the Company.
Participants in the Solicitation
The Company and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from
stockholders in connection with the proposed transaction. A list of
the names of such directors and executive officers, information
regarding their interests in the transaction and their ownership of
the Company’s securities are, or will be, contained in the
Company’s filings with the SEC.
Forward-Looking Statements
This press release contains certain "forward-looking statements"
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. All statements other than statements of
historical fact contained in this press release may be
forward-looking statements. Some of these forward-looking
statements can be identified by the use of forward-looking words,
including "may," "should," "expect," "intend," "will," "estimate,"
"anticipate," "believe," "predict," "plan," "seek," "targets,"
"projects," "could," "would," "continue," "forecast" or the
negatives of these terms or variations of them or similar
expressions. All forward-looking statements are subject to risks,
uncertainties, and other factors which could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements. All forward-looking statements are
based upon estimates, forecasts, and assumptions that, while
considered reasonable by the Company and its management, are
inherently uncertain. Many factors may cause the Company's actual
results to differ materially from current expectations, including
but are not limited to: (1) the ability to meet security exchange
listing standards; (2) the impact of the previously announced
foreclosure process that is currently underway; (3) failure to
achieve expectations regarding business development and the
Company’s acquisition strategy; (4) the inability to access
sufficient capital to operate; (5) the inability to recognize the
anticipated benefits of the initial business combination and the
current transaction, which may be affected by, among other things,
competition, the ability of the Company to grow and manage growth
profitably, maintain relationships with customers and suppliers and
retain its management and key employees; (6) changes in applicable
laws or regulations; (7) adverse impacts of general economic,
business, and competitive factors; (8) volatility in the financial
system and markets caused by geopolitical and economic factors; and
(9) other risks and uncertainties set forth in the sections
entitled "Risk Factors" and "Cautionary Note Regarding
Forward-Looking Statements" in the Company’s most recent periodic
report on Form 10-K or Form 10-Q and other documents filed with the
SEC from time to time. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward-looking statements will be
achieved. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. The
Company does not give any assurance that it will achieve its
expected results. The Company assumes no obligation to update or
revise these forward-looking statements, whether as a result of new
information, future events or otherwise, except as otherwise
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250221575489/en/
Investor Contact Info: alessandro.zamboni@nuburu.net
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