NUBURU, Inc. Completes First Tranche of Preferred Equity Restructuring, Eliminating Approximately $8.4 Million of Series A Preferred Liabilities
Core Viewpoint - NUBURU, Inc. has completed the first tranche of a preferred equity restructuring transaction, which simplifies its capital structure and reduces legacy balance-sheet overhang [1] Group 1: Financial Restructuring - The first tranche of the restructuring has effectively eliminated approximately $8.4 million of Series A Convertible preferred equity [1]