Nuburu, Inc.
Filed Jun 9, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Jun 9, 2025
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As filed with the Securities and Exchange Commission on June 6, 2025
Registration No. 333-
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORMS-1
REGISTRATION STATEMENT
Under
The Securities Act of 1933
(Exact name of Registrant as specified in its charter)
| Delaware | 3690 | 85-1288435 |
|---|---|---|
| (State or other jurisdiction ofincorporation or organization) | (Primary Standard IndustrialClassification Code Number) | (I.R.S. EmployerIdentification Number) |
7442 S Tucson Way, Suite 130
Centennial, CO 80112
Telephone: (720) 767-1400
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
Alessandro Zamboni
Executive Chairman
7442 S Tucson Way, Suite 130
Centennial, CO 80112
Telephone: (720) 767-1400
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Amy Bowler
Holland & Hart LLP
555 17 th Street, Suite 3200
Denver, CO 80202-3921
Tel: (303) 295-8000
Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box.☒
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.☐
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.☐
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
| Emerging growth company | ☒ | ||
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided to Section 7(a)(2)(B) of the Securities Act.☐
The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
SUBJECT TO COMPLETION, DATED JUNE 6, 2025
PRELIMINARY PROSPECTUS
Up to 20 million Shares of Common Stock
This prospectus of Nuburu, Inc., a Delaware corporation (the “Company” or “Nuburu”), relates to the resale by YA II PN, LTD. (the “Selling Stockholder”) of up to 20 million shares (“Offered Shares”) of our common stock, par value $0.0001 per share (“Common Stock”).
The shares of Common Stock to which this prospectus relates have been or may be issued by us to the Selling Stockholder pursuant to the Standby Equity Purchase Agreement, dated as of May 30, 2025, by and between the Company and the Selling Stockholder (the “SEPA”). The Offered Shares include (i) up to 17,334,754 shares of Common Stock that may be issued to the Selling Stockholder pursuant to the SEPA, and (ii) 2,665,246 shares of Common Stock that we have issued or will issue to the Selling Stockholder, 50% are required to be issued in connection with the execution of the SEPA and the remaining 50% will be issued 90 days following the date of the SEPA, as consideration for its commitment to purchase shares of our Common Stock in one or more purchases that we may, in our sole discretion, direct them to make, from time to time.
We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of our Common Stock by the Selling Stockholder. However, we may receive up to $97 million aggregate gross proceeds from sales of Common Stock we may elect to make to the Selling Stockholder pursuant to the SEPA prior to or after the date of this prospectus. See “The Standby Equity Facility” for a description of the SEPA and “Selling Stockholder” for additional information regarding the Selling Stockholder.
The Selling Stockholder may sell or otherwise dispose of the Common Stock described in this prospectus in a number of different ways and at varying prices. See “Plan of Distribution” for more information about how the Selling Stockholder may sell or otherwise dispose of the Common Stock pursuant to this prospectus. The Selling Stockholder is considered an “underwriter” within the meaning of Section 2(a)(11) of the Securities Act of 1933, as amended (the “Securities Act”).
We will pay the expenses incurred in registering under the Securities Act the offer and sale of the shares of Common Stock to which this prospectus relates by the Selling Stockholder, including legal and accounting fees. See section titled “Plan of Distribution” beginning on page 79 of this prospectus.
We are an “emerging growth company” as defined in Section 2(a) of the Securities Act and are subject to reduced public company reporting requirements. This prospectus complies with the requirements that apply to an issuer that is an emerging growth company.
Our Common Stock is traded on the NYSE American under the symbol “BURU.” On May 30, 2025, the last quoted sale price for our Common Stock as reported on the NYSE American was $0.3680 per share. We have not listed, nor do we intend to list, our preferred stock on any securities exchange or nationally recognized trading system.
Investing in our securities involves a high degree of risk. Before buying any securities, you should carefully read the discussion of the risks of investing in our securities in the section titled “Risk Factors” beginning on page 9 of this prospectus.
You should rely only on the information contained in this prospectus or any prospectus supplement or amendment hereto. We have not authorized anyone to provide you with different information. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this prospectus is June [ ], 2025.
Table of Contents
| Page | |
|---|---|
| About This Prospectus | ii |
| Market and Industry Data | ii |
| Trademarks | ii |
| Basis of Presentation and Glossary | iii |
| Cautionary Note Regarding Forward-Looking Statements | 1 |
| Prospectus Summary | 3 |
| The Offering | 8 |
| Risk Factors | 9 |
| The Standby Equity Purchase Agreement | 26 |
| Use of Proceeds | 30 |
| Determination of Offering Price | 30 |
| Market for Common Stock and Dividend Policy | 30 |
| Our Business | 30 |
| Management’s Discussion and Analysis of Financial Condition and Results of Operations | 39 |
| Selling Stockholder | 56 |
| Description of Securities to Be Registered | 57 |
| Properties | 59 |
| Legal Proceedings | 60 |
| Executive Officers, Directors and Director Independence | 60 |
| Executive Compensation | 62 |
| Director Compensation | 65 |
| Security Ownership of Certain Beneficial Owners and Management | 67 |
| Certain Relationships and Related Party Transactions | 69 |
| Plan of Distribution | 79 |
| Legal Matters | 80 |
| Experts | 80 |
| Where You Can Find More Information | 81 |
| Index to Financial Statements | F-1 |
i
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.