NUBURU Completes First Tranche of Preferred Equity Restructuring

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NUBURU, Inc., a developer of high-performance blue laser technology and an emerging defense and security technology platform, has announced the completion of the first tranche of a preferred equity restructuring transaction. This transaction has materially simplified the company's capital structure and reduced legacy balance-sheet overhang by effectively eliminating approximately $8.4 million of Series A Convertible Preferred Stock liabilities, representing approximately 844,938 shares of Series A Preferred Stock.

Why it matters

The restructuring transaction is part of NUBURU's ongoing efforts to address historical capital structure complexity while maintaining liquidity to support the company's transformation plan. This move is expected to help the company focus on strategic initiatives and acquisitions across defense, security, and critical-infrastructure-related technologies.

The details

Under the transaction, a third-party investor acquired 844,938 shares of NUBURU's Series A Convertible Preferred Stock from an existing preferred stockholder and subsequently exchanged those shares with NUBURU for pre-funded common stock purchase warrants with a nominal exercise price. This exchange was completed in reliance on the exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933, as amended.

• The completed first tranche was announced on February 10, 2026.

What’s next

The company currently targets completing an additional restructuring transaction involving approximately 450,000 shares of Series A Convertible Preferred Stock in the near future, subject to further agreement with the investor and satisfaction of applicable conditions.