-+ 0.00%
-+ 0.00%
-+ 0.00%

Nuburu says closing funds secured for 70% Tekne stake, targets early October close

PUBT·09/22/2026 12:35:29
Nuburu says closing funds secured for 70% Tekne stake, targets early October close
  • Nuburu is set to buy a 70% controlling stake in Tekne, with closing targeted for the first week of October 2026.
  • Funding to close is in place, with no additional capital raise required; EUR 7 million has been provided toward a EUR 9 million closing need.
  • Tekne reported about $135.4 million in net remaining order value, excluding $12.6 million flagged as higher cancellation risk.
  • General Pietro Serino is slated to become Tekne chairman at closing, supporting NATO-market expansion and integration with Nuburu’s defense platform.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609220830BIZWIRE_USPR_____20260922_BW085438) on September 22, 2026, and is solely responsible for the information contained therein.