Nuburu says Italian Golden Power review continues on planned 70% Tekne acquisition

Nuburu, Inc.

Nuburu, Inc.

BURU

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  • Nuburu signed a binding agreement on May 26, 2026, for Nuburu Defense to acquire 70% of Italy-based Tekne.
  • At notification, Nuburu had provided EUR 17.69 million of shareholder financing to Tekne.
  • Additional interim funding of EUR 1.1 million in June reduced the planned capital-increase cash component to EUR 10.9 million.
  • Cash needed at closing is now EUR 16.2 million, including EUR 5.2 million of share-purchase consideration.
  • Nuburu does not yet own 70% of Tekne pending completion of remaining closing conditions.


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