• Nuburu entered an exchange agreement with Indigo Capital on May 11, 2026, issuing a pre-funded warrant in exchange for 71,430 shares of its Series A Preferred Stock.
• Initial warrant is exercisable for up to 4,398,399 common shares at a nominal exercise price of $0.0001 per share, with share issuance set using lowest 5-day VWAP discounted 30%.
• Agreement allows additional exchanges of up to 446,946 Series A Preferred shares into pre-funded warrants in multiple closings, subject to a 4.99% beneficial ownership cap.
• Transaction is part of effort to reduce liabilities amid a stockholders’ deficit of about $15.2 million as of Dec. 31, 2025, following NYSE American noncompliance notice tied to equity requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-227202), on May 15, 2026, and is solely responsible for the information contained therein.