Nicol Ronald Lee 4
4 · Nuburu, Inc. · Filed Dec 8, 2023
Insider Transaction Report
Form 4
Nuburu, Inc.BURU
Nicol Ronald Lee
Director
Transactions
- Purchase
Warrant (right to buy)
2023-12-06+4,400,000→ 4,400,000 total(indirect: See footnote)Exercise: $0.25From: 2023-12-06Exp: 2028-12-06→ Common Stock (4,400,000 underlying)
Footnotes (3)
- [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.