NUBURU, Inc. Announces Unwinding of Partnership with HUMBL, Inc.
NUBURU Inc (NYSE American: BURU) announced the immediate termination of its $2 million Share Exchange Agreement and partnership with HUMBL Inc (OTC: HMBL). The partnership, initially announced on February 28, 2025, aimed to leverage NUBURU's laser technologies and HUMBL's distribution network in Brazil for Latin American market expansion.
The decision follows a strategic review by NUBURU's management, who determined the partnership no longer aligned with their core objectives. The company is now refocusing entirely on the defense and security sectors, where it's experiencing significant growth. Executive Chairman Alessandro Zamboni emphasized that this strategic shift allows NUBURU to concentrate resources on their defense technology initiatives.
NUBURU maintains its commitment to its strategic plan, including a Joint-Pursuit Agreement (JPA) with a defense-tech company for developing directed energy weapons and advanced surveillance systems.
NUBURU Inc (NYSE American: BURU) ha annunciato l'immediata cessazione del suo accordo di scambio azionario da 2 milioni di dollari e della partnership con HUMBL Inc (OTC: HMBL). La partnership, annunciata inizialmente il 28 febbraio 2025, mirava a sfruttare le tecnologie laser di NUBURU e la rete di distribuzione di HUMBL in Brasile per l'espansione nel mercato latinoamericano.
La decisione è stata presa dopo una revisione strategica da parte della direzione di NUBURU, che ha determinato che la partnership non era più in linea con i loro obiettivi principali. L'azienda si sta ora riorientando completamente sui settori della difesa e della sicurezza, dove sta vivendo una crescita significativa. Il presidente esecutivo Alessandro Zamboni ha sottolineato che questo cambiamento strategico consente a NUBURU di concentrare le risorse sulle proprie iniziative tecnologiche nel settore della difesa.
NUBURU mantiene il suo impegno verso il piano strategico, incluso un Accordo di Collaborazione Congiunta (JPA) con un'azienda di tecnologia della difesa per lo sviluppo di armi a energia diretta e sistemi di sorveglianza avanzati.
NUBURU Inc (NYSE American: BURU) anunció la terminación inmediata de su Acuerdo de Intercambio de Acciones de $2 millones y su asociación con HUMBL Inc (OTC: HMBL). La asociación, anunciada inicialmente el 28 de febrero de 2025, tenía como objetivo aprovechar las tecnologías láser de NUBURU y la red de distribución de HUMBL en Brasil para la expansión en el mercado latinoamericano.
La decisión sigue a una revisión estratégica por parte de la dirección de NUBURU, que determinó que la asociación ya no se alineaba con sus objetivos principales. La empresa ahora se está reorientando completamente hacia los sectores de defensa y seguridad, donde está experimentando un crecimiento significativo. El presidente ejecutivo Alessandro Zamboni enfatizó que este cambio estratégico permite a NUBURU concentrar recursos en sus iniciativas de tecnología de defensa.
NUBURU mantiene su compromiso con su plan estratégico, incluido un Acuerdo de Búsqueda Conjunta (JPA) con una empresa de tecnología de defensa para desarrollar armas de energía dirigida y sistemas de vigilancia avanzados.
NUBURU Inc (NYSE American: BURU)가 200만 달러 규모의 주식 교환 계약과 HUMBL Inc (OTC: HMBL)와의 파트너십을 즉시 종료한다고 발표했습니다. 이 파트너십은 2025년 2월 28일에 처음 발표되었으며, NUBURU의 레이저 기술과 HUMBL의 브라질 유통 네트워크를 활용하여 라틴 아메리카 시장을 확장하는 것을 목표로 했습니다.
이 결정은 NUBURU 경영진의 전략적 검토에 따른 것으로, 파트너십이 더 이상 핵심 목표와 일치하지 않음을 확인했습니다. 회사는 지금 방위 및 안전 분야에 전적으로 재편성하고 있으며, 이 분야에서 상당한 성장을 경험하고 있습니다. 알레산드로 잠보니 이사회 의장은 이 전략적 변화가 NUBURU가 방위 기술 이니셔티브에 자원을 집중할 수 있게 한다고 강조했습니다.
NUBURU는 방위 기술 회사와의 공동 추구 협정(JPA)을 포함하여, 지향 에너지 무기 및 고급 감시 시스템 개발을 위한 전략 계획에 대한 약속을 유지하고 있습니다.
NUBURU Inc (NYSE American: BURU) a annoncé la résiliation immédiate de son Accord d'Échange d'Actions de 2 millions de dollars et de son partenariat avec HUMBL Inc (OTC: HMBL). Le partenariat, initialement annoncé le 28 février 2025, visait à tirer parti des technologies laser de NUBURU et du réseau de distribution de HUMBL au Brésil pour l'expansion sur le marché latino-américain.
Cette décision fait suite à un examen stratégique de la direction de NUBURU, qui a déterminé que le partenariat n'était plus aligné avec ses objectifs principaux. L'entreprise se réoriente désormais entièrement vers les secteurs de la défense et de la sécurité, où elle connaît une croissance significative. Le président exécutif Alessandro Zamboni a souligné que ce changement stratégique permet à NUBURU de concentrer ses ressources sur ses initiatives technologiques de défense.
NUBURU maintient son engagement envers son plan stratégique, y compris un Accord de Poursuite Conjointe (JPA) avec une entreprise de technologie de défense pour le développement d'armes à énergie dirigée et de systèmes de surveillance avancés.
NUBURU Inc (NYSE American: BURU) hat die sofortige Beendigung seines 2-Millionen-Dollar-Aktienaustauschvertrags und der Partnerschaft mit HUMBL Inc (OTC: HMBL) angekündigt. Die Partnerschaft, die ursprünglich am 28. Februar 2025 angekündigt wurde, sollte die Lasertechnologien von NUBURU und das Vertriebsnetz von HUMBL in Brasilien nutzen, um die Expansion in den lateinamerikanischen Markt voranzutreiben.
Die Entscheidung folgt einer strategischen Überprüfung durch das Management von NUBURU, das festgestellt hat, dass die Partnerschaft nicht mehr mit den Kernzielen übereinstimmt. Das Unternehmen fokussiert sich jetzt vollständig auf die Verteidigungs- und Sicherheitssektoren, in denen es ein signifikantes Wachstum verzeichnet. Der Executive Chairman Alessandro Zamboni betonte, dass dieser strategische Wandel es NUBURU ermöglicht, Ressourcen auf seine Verteidigungstechnologie-Initiativen zu konzentrieren.
NUBURU bleibt seinem strategischen Plan verpflichtet, einschließlich eines Joint-Pursuit Agreements (JPA) mit einem Verteidigungstechnologieunternehmen zur Entwicklung von gerichteten Energiesystemen und fortschrittlichen Überwachungssystemen.
- Strategic realignment to focus on growing defense and security sectors
- Ongoing Joint-Pursuit Agreement (JPA) for defense technology development
- Experiencing significant growth in defense sector
- Early termination of $2 million Share Exchange Agreement
- Loss of potential market expansion opportunity in Latin America
Insights
NUBURU's decision to unwind its
This abrupt termination raises questions about the initial due diligence process. The partnership was formed on February 28, 2025, and dissolved just 41 days later, suggesting either a hasty initial decision or rapidly changing circumstances within one of the companies. The suddenness of this reversal potentially signals internal strategic conflicts or discovery of incompatibilities not identified during preliminary negotiations.
The company's explicit refocus on defense and security indicates management's belief that sector-specific concentration will yield better returns than geographic expansion through HUMBL's Brazilian distribution networks. While abandoning Latin American market opportunities, NUBURU is prioritizing its Joint-Pursuit Agreement to develop directed energy weapons and surveillance systems—markets with high barriers to entry but potentially lucrative government contracts.
Without specific financial metrics regarding the defense sector growth claimed in the announcement, investors should maintain cautious optimism about this strategic redirection. The immediate financial impact of unwinding the share exchange remains unclear, as no details were provided about transaction reversal mechanisms or potential penalties.
Initially announced on February 28, 2025, the partnership aimed to leverage NUBURU's innovative laser technologies and HUMBL's distribution capabilities in
Alessandro Zamboni, Executive Chairman of NUBURU, stated, “While our initial collaboration with HUMBL presented promising opportunities, it has become clear that pursuing our strategic transformation within the defense and technology sectors requires our full attention and resources. We believe that unwinding this agreement is in the best interest of our shareholders and aligns with our vision to innovate and expand our capabilities in high-demand areas.”
NUBURU remains committed to its strategic plan, which includes a Joint-Pursuit Agreement (JPA) with a defense-tech company to develop cutting-edge solutions utilizing directed energy weapons and advanced surveillance systems. As the company progresses with its acquisitions and product development, it is dedicated to enhancing its technological offerings and delivering shareholder value.
NUBURU's focus continues to be on advancing its technology and integrating artificial intelligence, robotic process automation, and innovative fintech platforms, ensuring it meets the evolving needs of its target markets effectively.
About NUBURU
NUBURU, Inc. was founded in 2015 as a developer and manufacturer of industrial blue laser technology that is transforming the speed and quality of laser-based manufacturing. Under its new management team led by Executive Chairman Alessandro Zamboni, NUBURU is executing a comprehensive growth and diversification strategy, expanding into complementary domains such as defense-tech, security, and operational resilience solutions. Headquartered in
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company’s acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not give any assurance that it will achieve its expected results. The Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
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NUBURU, Inc. (NYSE American: BURU)
Investor Relations: alessandro.zamboni@nuburu.net
Media Contact: press@nuburu.net
Website: www.nuburu.net
Source: NUBURU, Inc.
FAQ
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