NUBURU Inc., a global leader in blue laser technology, has acquired a 2.9% equity stake in Tekne S.p.A. as part of a broader strategic alliance between the two companies. The equity participation was structured through the issuance of a subordinated, interest-free convertible instrument to Tekne's majority shareholder, rather than a cash payment. In addition, NUBURU provided Tekne with a €13 million shareholder convertible loan to support Tekne’s industrial development and defense programs. Subject to Italian Government Golden Power regulatory approvals, conversion of this loan could increase NUBURU’s ownership in Tekne to approximately 27.9%. The conversion of the instrument is based on a fixed price of USD 0.25 per NUBURU share, underscoring the companies' long-term partnership and alignment of interests.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260114675451) on January 14, 2026, and is solely responsible for the information contained therein.
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