Nuburu to acquire 70% stake in Italian defense contractor Tekne for EUR 35.7M

Filed March 25, 2026 · Period ending March 25, 2026 · ~1 min read

Key Changes

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  Nuburu signed letter of intent to acquire 70% controlling stake in Tekne S.p.A. through EUR 35.7M in debt conversions, capital contributions, and cash payments, pending Italian Golden Power regulatory approval.

  Item 1.01 verify on EDGAR →
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  Ownership path: convert EUR 16.7M debt to 32.1% equity, EUR 13M capital increase for 25%, plus existing 2.9% stake yields 60%; then purchase additional 10% from current shareholders for EUR 6M cash.

  Item 1.01 verify on EDGAR →
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  Transaction contingent on Italian Golden Power authorization from Council of Ministers, required for foreign investments in strategic sectors; Nuburu intends to file application.

  Item 1.01 verify on EDGAR →