Nuburu signs SPA to buy 70% stake in Tekne, starts Italy Golden Power filing
Nuburu
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- Nuburu signed a binding share purchase and investment agreement to acquire 70% of Italy-based Tekne through a capital increase, debt conversion, and share purchases.
- Structure uses a fixed EUR 52 million pre-money valuation; aggregate consideration and investment commitments total up to about EUR 64.6 million.
- Terms include conversion of about EUR 17.69 million of shareholder financing into equity, up to EUR 12 million in new cash, and a EUR 5.2 million secondary share purchase.
- Tekne’s legacy shareholders would also receive an earn-out equal to 5% of annual revenue for 2027-2036, capped at EUR 29.69 million.
- Tekne projects cumulative 2026-2030 revenue of about USD 655 million, implying about USD 459 million pro rata at 70% ownership.
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 Business Wire (Ref. ID: 202605270837BIZWIRE_USPR_____20260527_BW673267) on May 27, 2026, and is solely responsible for the information contained therein.
