Nuburu Drops 9.41% Amid Tekne Acquisition Terms Change

On September 4, 2025, Nuburu's stock experienced a significant drop of 9.41% in pre-market trading, marking a notable shift in investor sentiment.

Nuburu has recently modified the terms of its acquisition of Tekne, an Italian defense company. The revised agreement includes provisions to address regulatory concerns, such as assisting with financing up to EUR 40 million for Tekne's working capital needs. This adjustment aims to streamline the acquisition process and ensure compliance with regulatory requirements.

The enterprise value of Tekne has been established at $60 million, with Nuburu's 70% stake valued at approximately $42 million. This valuation is based on a third-party assessment, providing a clear financial framework for the acquisition. The acquisition will be completed in two stages through Nuburu's new subsidiary, Nuburu Defense, LLC, with the initial phase involving the acquisition of a 3% stake.

Nuburu's strategic move to acquire Tekne aligns with its broader defense sector trajectory, as guided by the Italian government. This acquisition is part of Nuburu's efforts to expand its presence in the defense industry, leveraging Tekne's expertise and capabilities to enhance its own strategic position.