NUBURU Advances on Tekne Acquisition, Extinguishing $16.75 Million in Debt Days After $38.0 Million Offering
December 2025 debenture and Lyocon acquisition notes retired in full — eliminating all monthly amortization obligations, simplifying the capital structure and dedicating remaining proceeds to the Golden Power financial-assurance requirements for the proposed 70% controlling interest in Tekne and Defense & Security platform execution
NUBURU, Inc. (OTC Pink: BURU), a next-generation dual-use Defense & Security integrated platform company, today announced it has repaid in full the approximately $15.5 million remaining principal of its December 2025 debenture and the entire $1.25 million aggregate principal of the subordinated convertible notes issued in connection with its acquisition of Lyocon S.r.l. ("Lyocon") — approximately $16.75 million of principal obligations extinguished within days of closing the Company’s $38.0 million public offering.
No principal remains outstanding under either instrument. The debenture repayment permanently eliminates the recurring monthly amortization burden and removes the requirement to apply equity-line proceeds to debt service — freeing the Company’s capital resources for growth and execution.
