BURU - Dividend announcements

San Diego, CA, Feb. 28, 2025 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC:HMBL) announced the execution of a $2,000,000 Equity Swap Agreement and strategic partnership with NUBURU, Inc. (NYSE:BURU) designed to accelerate both companies' growth strategies and deliver immediate value to shareholders. Transaction Details Under the terms of the Equity Swap Agreement: NUBURU will issue $2,000,000 in common stock to HUMBL (subject to applicable exchange cap, stockholder approval, and registration requirements); andHUMBL will issue an equal dollar amount of Series C Preferred Stock to NUBURU. Following satisfaction of any required stockholder or regulatory approvals and registration requirements, it

NUBURU, Inc. (NYSE:BURU, the "Company")), a leading innovator in high-power blue laser technology, and HUMBL, Inc. (OTC:HMBL), a strategic holding company with focus in Brazil, today announced the execution of a $2 million Equity Swap Agreement and strategic partnership designed to accelerate both companies' growth strategies and deliver immediate value to shareholders. Transaction Details Under the terms of the Equity Swap Agreement: NUBURU will issue $2 million in common stock to HUMBL (subject to applicable exchange cap, stockholder approval, and registration requirements); and HUMBL will issue an equal amount of Series C Preferred Stock to NUBURU Following satisfaction of a

Investors are subject to a one-year lock up. NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that, subsequent to the Purchase Agreement previously announced on June 12, 2023 which raised approximately $8.0 million, on June 16, 2023, the Company entered into an additional Note and Warrant Purchase Agreement (as amended, the "Purchase Agreement") with certain investors including existing investors, for the sale of (i) convertible promissory notes ("Convertible Notes") in the aggregate principal amount of $1.3 million, and (ii) warrants ("Warrants") to purchase up to 1,889,535 shares

NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced its financial outlook for the fiscal year ending December 31, 2023. "We exited 2022 with commercial success as we began making deliveries to our key customers including Essentium and AFWERX. Early in 2023, we launched our latest product, the NUBURU BL™ Series which we expect to start shipping in Q2," said Dr. Mark Zediker, CEO and Co-Founder of NUBURU. "We expect 2023 to be another year in which we achieve critical milestones that continue to enable the customer adoption of our solutions in our rapidly evolving markets." Dr. Zediker