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AI brief of an SEC Form 8-K · Nuburu, Inc. (BURU)

Nuburu amends Esousa warrant and Series B terms, unwinds $15 million H&K share note

Neutral Impact 3 of 5 financing Written later

Effective September 30, 2026, Nuburu entered into a side letter with Esousa Group Holdings and other purchasers under its July 15, 2026 Securities Purchase Agreement. The letter changes warrant valuation terms, requires certain Series B preferred holders to forfeit shares received at conversion prices below $0.10, and sets a monthly penalty if conversion shares are not registered on time. Separately, Brick Lane Capital Management returned 295,000 Heckler & Koch AG shares in exchange for cancellation of a $15 million convertible note.

Key points

  • Side letter effective September 30, 2026, with Esousa Group Holdings and other purchasers, revising the Black Scholes Value definition in the July 17, 2026 warrant.
  • Certain Series B preferred holders agree to forfeit common stock received from conversions at prices below $0.10 per share; a monthly penalty applies if conversion shares are not registered on time.
  • Brick Lane Capital Management receives back 295,000 Heckler & Koch AG shares, and the $15 million Subordinated Convertible Note issued February 6, 2026 is cancelled.

The filing

CompanyNuburu, Inc. (BURU)
Form8-K, current report
Filed with the SECOct 6, 2026, 5:10 PM ET
Accession number0001193125-26-415780

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.