Nuburu Offers $12M at $0.11, Stock Tumbles 20% and Activates $850K Laser Ramp
Nuburu priced a $12 million public offering at $0.11 per share covering 58.4M shares and 50.7M pre-funded warrants, plus common warrants exercisable for 85M shares at $0.1320, sparking a 20% drop. It activated a Q1 production ramp for 40 high-power 450nm blue laser systems under an $850k Trabotyx contract.
1. Public Offering Details
Nuburu priced a $12 million public offering at $0.11 per share for 58,379,137 common shares and 50,711,772 pre-funded warrants, plus common warrants exercisable for up to 85 million additional shares at $0.1320 for six months and $0.11 thereafter.
2. Stock Price Reaction
Shares plunged over 20% on Friday, trading more than 40% below the 20-day SMA and closer to 52-week lows, as investors weighed dilution risks from the offering.
3. Q1 Production Ramp Activation
Through its subsidiary Lyocon S.r.l., Nuburu initiated a Q1 2026 production ramp to deliver 40 high-power 450nm blue laser systems under an $850,000 contract with Dutch agritech automation company Trabotyx.
4. Strategic Implications
The financing strengthens capital for the Defense & Security Transformation Plan and integrated platform strategy, while the production ramp demonstrates scalable industrial execution aligned with its defense and growth objectives.