NUBURU, Inc. (NYSE American: BURU), a global leader in high-performance blue laser technology, today announced a pivotal update on its planned acquisition of TEKNE S.p.A. (“TEKNE”), following formal notice received from the Italian government under the “Golden Power” framework. The Company will work with TEKNE on a phased acquisition plan in compliance with the guidance of the Italian government which, rather than issuing a full clearance or a definitive irrevocable rejection, indicated key areas to consider, taking in account the Italy’s national security goals. This is demonstrated by approx. Euro 67,4M of orders already committed by the Minister of Defense to TEKNE.
NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) is pleased to announce that NYSE American LLC has accepted the Company’s plan to regain compliance with continued listing standards, granting an extension through October 29, 2026. This milestone supports NUBURU’s ongoing strategic transformation into a leader in defense-tech and operational resilience through its Defense & Security Hub initiative, bolstered by its planned acquisition of the controlling interest of Tekne S.p.A. (“Tekne Strategic Investment”) and debt recapitalization efforts.
NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) is excited to announce that its stockholders have overwhelmingly approved key proposals in support of its financing strategy, a pivotal milestone in the Company’s strategic transformation into a leader in defense-tech and operational resilience through its Defense & Security Hub initiative.
Peraso Inc. (NASDAQ: PRSO), a leading innovator in mmWave wireless solutions, has officially acknowledged receipt of an unsolicited, non-binding acquisition proposal from Mobix Labs, Inc. (NASDAQ: MOBX). The offer proposes a stock-for-stock exchange that values Peraso at approximately $1.20 per share, representing a 20% premium over its 30-day average closing price. However, Peraso is contesting several key points made in Mobix's June 26 press release.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Friday. Let's explore the market movements and identify the stocks with significant gaps.
Nuburu Inc. makes progress in defense-tech transformation through acquisitions and military deployment. Tekne SpA acquisition and SaaS startup deal under review. Stock rallies. Valued at over €50M, Tekne's contract with Italian Ministry of Defense includes full deployment of Tactical Bubble system.
NUBURU, Inc. (NYSE American: BURU), a global leader in high-power blue laser technology, today announced significant progress in its strategic transformation, including developments within its planned Defense & Security Hub and key acquisitions.
NUBURU, Inc. (NYSE American: BURU), a leader in high-power blue laser technology under a pivotal transformation plan, entered into a standby equity purchase agreement (the “Agreement”) with YA II PN, Ltd. (the “Investor”) under which the company has the option, subject to the conditions set forth therein, to sell up to $100 million in shares. This facility provides NUBURU with the financial flexibility to execute controlled stock sales until May 30, 2028.
Let's have a look at what is happening on the US markets before the opening bell on Monday. Below you can find the top gainers and losers in today's pre-market session.
Curious to know what's happening on the US markets one hour before the close of the markets on Friday? Join us as we explore the top gainers and losers in today's session.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
