Nuburu targets USD 16.75 million debt redemption in proposed USD 38 million offering
BURU•Proposed offering to fund debt repayment
Nuburu launched a proposed public offering of up to USD 38 million to fund debt repayment tied to its defense-security pivot.
Proceeds target full redemption of the USD 15.5 million Debenture, ending monthly installment payments made via recurring stock issuances.
Funds are also earmarked to repay USD 1.25 million of convertible notes issued in the Lyocon acquisition.
The offering was marketed at USD 0.16 per share, a 5% premium to the July 10, 2026 close.
