Nuburu(BURU) - 2022 Q4 - Annual Report

• Our Common Stock is subordinated to our Series A preferred stock, par value $0.0001 per share (the "Preferred Stock"). • Shares of our Preferred Stock may be subordinate to any senior preferred stock we may issue and to any future indebtedness. • At the two-year anniversary of the Preferred Stock Issuance (as defined below), we will be obligated to redeem shares of our Preferred Stock for cash. There can be no guarantee that we will have funds available to make this redemption. • NYSE American may delist ...