Ronald Lee Nicol - Dec 6, 2023 Form 4 Insider Report for Nuburu, Inc. (BURU)

Role
Director
Signature
/s/ Brian Knaley, by power of attorney on behalf of Ronald Lee Nicol
Stock symbol
BURU
Transactions as of
Dec 6, 2023
Transactions value $
$0
Form type
4
Date filed
12/8/2023, 04:35 PM
Previous filing
Sep 27, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BURU Warrant (right to buy) Purchase +4.4M 4.4M Dec 6, 2023 Common Stock 4.4M $0.25 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrant to purchase shares of Nuburu, Inc. common stock, par value $0.0001 per share (the "Warrant"), was issued pursuant to a Note and Warrant Purchase Agreement dated as of November 13, 2023 (the "Purchase Agreement"). The exercise price is subject to adjustment pursuant to the terms of the Warrant.
F2 The Warrant was issued pursuant to the Purchase Agreement in connection with the purchase of a secured promissory note as partial consideration for the secured promissory note. The total consideration paid by the reporting person pursuant to the Purchase Agreement was $1,000,000.
F3 The securities are held directly by Eunomia, LP. Mr. Nicol is the manager of Eunomia, LP and exercises voting and investment control over these securities.