$BURU - Power Hour, UP over 8% @ $0.501 with 232M volume, HOD $0.559... holding steady this afternoon! The total consideration of $12.5 million includes a $2.4 million net cash advance to Orbit’s owner.

$BURU - Power Hour, UP over 8% @ $0.501 with 232M volume, HOD $0.559... holding steady this afternoon!

The total consideration of $12.5 million includes a $2.4 million net cash advance to Orbit’s owner, to be paid in tranches and which accounts for the partial offset of a $1.35 million NUBURU receivable. The remaining balance will be settled through NUBURU equity securities by the end of 2026, subject to stockholder approval. https://finance.yahoo.com/news/nuburu-acquire-orbit-expanding-defense-123800080.html