Nuburu Inc. has announced a significant financial agreement through the Standby Equity Purchase Agreement $(SEPA)$ with YA II PN, LTD, a Cayman Islands exempt limited company. The agreement allows Nuburu the right to sell up to $100 million of its Common Stock to the investor over time, contingent on certain conditions and limitations. Additionally, the company has refinanced a loan with Agile Capital Funding, LLC, resulting in an infusion of $248,000, bringing the total to $748,000. The Agile Note, with a face value of $1,000,000, requires weekly repayments through December 2025 and is secured by the company's cash and deposit accounts. This agreement highlights Nuburu's strategic move to bolster its financial position and expand its operational capabilities.
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