Liqueous LP Secures $65 Million Financing for Nuburu Inc

On October 7, 2024, Liqueous LP announced a significant financing program for Nuburu Inc., based in the United States. This program includes a $15 million direct capital injection and a $50 million equity line of credit, aimed at supporting Nuburu's growth in various sectors such as e-mobility, healthcare, defense, and consumer electronics. The financing structure is designed to minimize dilution and provide predictable capital, reflecting Liqueous LP's confidence in Nuburu's technology and market potential. The financing arrangement features an initial investment of $3 million through pre-funded warrants, with subsequent weekly capital infusions of $1.25 million until an additional $10 million is reached. This strategic approach allows Nuburu to raise capital incrementally at market prices, avoiding unnecessary dilution while maintaining flexibility for future growth. Brian Knaley, CEO of Nuburu, expressed enthusiasm about the partnership, emphasizing the importance of strengthening the company's financial position and the favorable terms of the financing. Jacob M. Fernane, Managing Partner at Liqueous LP, highlighted the comprehensive nature of the financing solution, which is structured at market value without toxic elements, ensuring alignment with Nuburu's long-term success. Overall, this financing initiative underscores the substantial intrinsic value of Nuburu and its transformative potential across multiple high-growth industries, marking a significant step forward for the company as it seeks to expand its operations and impact.