NUBURU, Inc. (NYSE:BURU), a global pioneer in high-performance blue laser technology, today announced the pricing of a $12 million public offering, raising significant capital to advance its ambitious transformation strategy. The offering marks a pivotal step in strengthening NUBURU's position as an emerging leader in the defense and security technology sector.

The public offering involved the issuance and sale of $12 million in common stock and pre-funded warrants in lieu of shares, at a subscription price of $0.1428 per share, and $0.1427 per prefunded warrant), representing 32,373,536 common shares and 51,660,075 pre-funded warrants. Additionally, the Company issued common warrants to purchase up to 150% of the aggregate number of common shares (or pre-funded warrants in lieu of common shares), or 126,050,417 shares, with an exercise price of $0.1714 per warrant share, which common warrants are immediately exercisable and expire five years from their date of issuance. The prefunded warrants have an exercise price of $0.0001 per prefunded warrant share, are immediately exercisable, and expire when exercised in full. The subscription of the offering was led with a $10 million investment by Esousa Group Holdings, LLC, a New York-based family office, that also included participation from other well-known institutional and accredited investors.

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