MarketPR
(NYSE American: BURU) returned 295,000 ordinary shares of Heckler & Koch AG to Brick Lane Capital Management Limited in exchange for the cancellation of a $15,000,000 Subordinated Convertible Note, according to an 8-K filing dated September 30, 2026.
The company disclosed that the transaction was formalized through a Stock Purchase and Note Cancellation Agreement effective as of September 30, 2026.
The shares were originally acquired by Nuburu on February 6, 2026, when the company purchased them from Brick Lane for $15,000,000.
At that time, Nuburu paid the purchase price by issuing the Subordinated Convertible Note to Brick Lane.
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