Nuburu, Inc. Files S-1 for Potential Securities Offering
Ticker: BURUW · Form: S-1 · Filed: Aug 21, 2024 · CIK: 1814215
Sentiment: neutral
Topics: s-1, registration-statement, capital-raise
TL;DR
Nuburu (formerly Tailwind) filed an S-1, looks like they're raising cash soon.
AI Summary
Nuburu, Inc. filed an S-1 registration statement on August 21, 2024, to register an unspecified number of securities. The company, formerly known as Tailwind Acquisition Corp. until June 4, 2020, is based in Centennial, Colorado, and operates in the miscellaneous electrical machinery sector. The filing indicates a potential offering of securities, though specific details on the amount or type are not yet disclosed.
Why It Matters
This S-1 filing signals Nuburu, Inc.'s intention to raise capital through a public offering, which could impact its growth trajectory and market presence.
Risk Assessment
Risk Level: medium — As an S-1 filing, it indicates a potential offering of securities, which inherently carries market and execution risks for the company and investors.
Key Players & Entities
- Nuburu, Inc. (company) — Registrant
- August 21, 2024 (date) — Filing date
- Tailwind Acquisition Corp. (company) — Former company name
- June 4, 2020 (date) — Date of name change
- Centennial, Colorado (location) — Company headquarters
- Brian Knaley (person) — Chief Executive Officer
FAQ
What is the purpose of this S-1 filing for Nuburu, Inc.?
The S-1 filing is a registration statement filed with the SEC to register securities for a potential public offering, indicating the company's intent to raise capital.
When was Nuburu, Inc. formerly known as?
Nuburu, Inc. was formerly known as Tailwind Acquisition Corp. until June 4, 2020.
Where is Nuburu, Inc. headquartered?
Nuburu, Inc. is headquartered at 7442 S Tucson Way, Suite 130, Centennial, CO 80112.
Who is the Chief Executive Officer of Nuburu, Inc.?
Brian Knaley is the Chief Executive Officer of Nuburu, Inc.
What is Nuburu, Inc.'s Standard Industrial Classification code?
Nuburu, Inc.'s Standard Industrial Classification code is 3690, which corresponds to Miscellaneous Electrical Machinery, Equipment & Supplies.
Filing Stats: 4,310 words · 17 min read · ~14 pages · Grade level 20 · Accepted 2024-08-21 16:05:44
Key Financial Figures
- $0.0001 — #x201d;) of our common stock, par value $0.0001 per share (“Common Stock”
- $1.82 — ck as reported on the NYSE American was $1.82 per share. We have not listed, nor do w
- $0.01 — to Anzu Partners with a strike price of $0.01 per share for 500,000 shares of Preferr
- $1.00 — h the closing of the IPO, at a price of $1.00 per Private Placement Warrant, or $9,70
- $9,700,000 — $1.00 per Private Placement Warrant, or $9,700,000 in the aggregate, which warrants the Sp
- $10.00 — ck from the Company at a price equal to $10.00 per share (as adjusted for stock splits
Filing Documents
- buru_s-1_2024.htm (S-1) — 958KB
- buru-ex23_1.htm (EX-23.1) — 5KB
- buru-exfiling_fees.htm (EX-FILING FEES) — 107KB
- img179685169_0.jpg (GRAPHIC) — 14KB
- img179685169_1.jpg (GRAPHIC) — 14KB
- 0000950170-24-099486.txt ( ) — 1109KB
Use of Proceeds
Use of Proceeds 10 Private Placement of Subordinated Convertible Notes 10 Market for Common Stock and Dividend Policy 11 Selling Securityholders 12
Description of Securities to Be Registered
Description of Securities to Be Registered 14 Plan of Distribution 17 Legal Matters 18 Experts 18 Where You Can Find More Information 18 Information Incorporated by Reference 20 i Table of Contents About This Prospectus This prospectus is part of a registration statement on Form S-1 that we filed with the U.S. Securities and Exchange Commission (the “SEC”). Under this registration process, the Selling Stockholders may, from time to time, sell the securities offered by them described in this prospectus. We will not receive any proceeds from the sale by the Selling Stockholders of the securities offered by them described in this prospectus, other than any proceeds from any cash exercise of the Warrants. We may also file a prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part that may contain material information relating to this offering. The prospectus supplement or post-effective amendment may also add, update or change information contained in this prospectus. If there is any inconsistency between the information in this prospectus and the applicable prospectus supplement or post-effective amendment, you should rely on the prospectus supplement or post-effective amendment, as applicable. Before purchasing any securities, you should carefully read this prospectus, any post-effective amendment, and any applicable prospectus supplement, together with the additional information described under the headings “ Where You Can Find More Information ” and “ Information Incorporated By Reference .” Neither we nor the Selling Stockholders have authorized anyone to provide you with any information or to make any representations other than those contained, or incorporated by reference, in this prospectus, any post-effective amendment, or any applicable prospectus supplement prepared by or on behalf of us or to which we have referred you. We