David Seldin - 14 Jun 2023 Form 4 Insider Report for Nuburu, Inc. (BURU)

Role
10%+ Owner
Signature
/s/ Debrah Herman, attorney-in-fact for each of the Reporting Persons
Issuer symbol
BURU
Transactions as of
14 Jun 2023
Net transactions value
-$6,411
Form type
4
Filing time
16 Jun 2023, 21:59:58 UTC
Previous filing
02 Feb 2023
Next filing
23 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BURU Common Stock Sale $3,498 -4,721 -0.05% $0.7410 10,123,112 14 Jun 2023 Direct F1, F2
transaction BURU Common Stock Sale $1,390 -1,876 -0.05% $0.7410 4,022,636 14 Jun 2023 Direct F2, F3
transaction BURU Common Stock Sale $639 -863 -0.05% $0.7410 1,850,200 14 Jun 2023 Direct F2, F4
transaction BURU Common Stock Sale $525 -709 -0.05% $0.7410 1,520,327 14 Jun 2023 Direct F2, F5
transaction BURU Common Stock Sale $174 -235 -0.05% $0.7410 502,906 14 Jun 2023 Direct F2, F6
transaction BURU Common Stock Sale $61.5 -83 -0.05% $0.7410 177,919 14 Jun 2023 Direct F2, F7
transaction BURU Common Stock Sale $35.57 -48 -0.05% $0.7410 103,053 14 Jun 2023 Direct F2, F8
transaction BURU Common Stock Sale $8.15 -11 -0.05% $0.7410 24,271 14 Jun 2023 Direct F2, F9
transaction BURU Common Stock Sale $4.45 -6 -0.05% $0.7410 12,135 14 Jun 2023 Direct F2, F10
transaction BURU Common Stock Sale $73.8 -100 -0% $0.7380 10,123,012 15 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are owned directly by Anzu Nuburu V LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") with each of the other Reporting Persons and Daniel Hirsch.
F2 The shares were sold in multiple transactions at prices ranging from $0.7371 to $0.75, inclusive. This amount represents the weighted average sale price of such transactions. The Reporting Persons undertake to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 These securities are owned directly by Anzu Nuburu LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F4 These securities are owned directly by Anzu Nuburu II LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F5 These securities are owned directly by Anzu Nuburu III LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F6 These securities are owned directly by David Seldin, who may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F7 These securities are owned directly by Anzu Partners LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F8 These securities are owned directly by David & Jennifer Michael Family Ltd Partnership, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F9 These securities are owned directly by CST Global LLC, which may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.
F10 These securities are owned directly by Whitney Haring-Smith, who may be deemed a member of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch.

Remarks:

The Reporting Persons may be deemed members of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch. Mr. Seldin and Mr. Haring-Smith are managing partners of Anzu Partners LLC and share voting and dispositive power with respect to the securities held directly by Anzu Partners LLC. Mr. Seldin, Mr. Hirsch and Ms. Herman are managers of each of Anzu Nuburu LLC, Anzu Nuburu II LLC, Anzu Nuburu III LLC and Anzu Nuburu V LLC (collectively, the "Anzu SPVs") and share voting and dispositive power with respect to the securities held directly by the Anzu SPVs. Mr. Hirsch is a director of the Issuer. Each of the Reporting Persons may be deemed a director by deputization of the Issuer. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.