sitox
- Nuburu (New York Stock Exchange:BURU) stock price up 60% on Tuesday during pre-market trading hours, when the company received $65 million in comprehensive financing from Liqueous LP, a multi-strategy fund.
- The investment includes a direct capital injection of $15 million and the establishment of a $50 million equity credit facility, designed to accelerate Nuburu’s expansion into sectors such as electric mobility, healthcare, defense and consumer electronics.
- Liqueous LP will provide Nuburu (BURU) with immediate capital, including an initial investment of $3 million via pre-funded warrants, followed by weekly capital injections of $1.25 million until an additional $10 million is invested.