NUBURU Repays $16.75 Million Debt to Support Acquisition of Tekne
NUBURU repaid approximately $16.75 million in debt shortly after a $38 million public offering, aiming to simplify its capital structure and support the acquisition of a controlling stake in Tekne. The repayment removes recurring amortization obligations and allows remaining proceeds to be used for regulatory requirements related to Italy's Golden Power review.
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