NUBURU Down After Joining with YA II
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NUBURU, Inc. shares fell after announcing a $23.25 million cash infusion from YA II PN, Ltd. through a Securities Purchase Agreement. This financing will strengthen NUBURU's capital position, enabling it to accelerate its acquisition and integration roadmap, transforming into a vertically integrated Defense & Security platform. The funds will support hiring, intellectual property development, and acquisitions. BURU shares dropped 5.4% to 18 cents.
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