STOCK TITAN

[8-K] Nuburu, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Bluejay Diagnostics (BJDX) filed an 8-K announcing an amendment, dated 23-Jul-2025, to its amended & restated License and Master Supply Agreements with Toray Industries.

  • Manufacturing deadline extended: the company now has until 23-Oct-2026 (previously 23-Oct-2025) to qualify an alternative site to produce Symphony cartridges.
  • Know-how fully transferred: Toray confirms it has delivered all technical know-how required under the License Agreement and has no further obligation to provide assistance.
  • Final component purchase: Bluejay will pay Toray USD 71,212 for a last shipment of chip components ahead of the Supply Agreement’s scheduled expiry on 23-Oct-2025.

No additional financial statements were included. The amendment secures component supply and provides an extra year to localize manufacturing, but removes Toray’s future technical support, placing execution risk squarely on Bluejay.

Bluejay Diagnostics (BJDX) ha presentato un modulo 8-K annunciando una modifica, datata 23-lug-2025, ai suoi Accordi di Licenza e di Fornitura Master modificati e riformulati con Toray Industries.

  • Proroga della scadenza di produzione: l'azienda ha ora tempo fino al 23-ott-2026 (precedentemente 23-ott-2025) per qualificare un sito alternativo per la produzione delle cartucce Symphony.
  • Know-how completamente trasferito: Toray conferma di aver fornito tutto il know-how tecnico richiesto dall'Accordo di Licenza e non ha ulteriori obblighi di assistenza.
  • Acquisto finale di componenti: Bluejay pagherà a Toray 71.212 USD per una spedizione finale di componenti chip prima della scadenza prevista dell'Accordo di Fornitura il 23-ott-2025.

Non sono stati inclusi ulteriori rendiconti finanziari. La modifica garantisce la fornitura dei componenti e concede un anno in più per localizzare la produzione, ma elimina il supporto tecnico futuro di Toray, trasferendo il rischio di esecuzione interamente su Bluejay.

Bluejay Diagnostics (BJDX) presentó un formulario 8-K anunciando una enmienda, fechada el 23-jul-2025, a sus Acuerdos de Licencia y de Suministro Maestro enmendados y reformulados con Toray Industries.

  • Extensión del plazo de fabricación: la compañía ahora tiene hasta el 23-oct-2026 (antes 23-oct-2025) para calificar un sitio alternativo para producir cartuchos Symphony.
  • Know-how completamente transferido: Toray confirma que ha entregado todo el know-how técnico requerido bajo el Acuerdo de Licencia y no tiene más obligación de brindar asistencia.
  • Compra final de componentes: Bluejay pagará a Toray 71.212 USD por un último envío de componentes de chip antes de la expiración programada del Acuerdo de Suministro el 23-oct-2025.

No se incluyeron estados financieros adicionales. La enmienda asegura el suministro de componentes y proporciona un año extra para localizar la fabricación, pero elimina el soporte técnico futuro de Toray, colocando el riesgo de ejecución completamente en Bluejay.

Bluejay Diagnostics(BJDX)는 2025년 7월 23일 자로 Toray Industries와의 수정 및 재작성된 라이선스 및 마스터 공급 계약에 대한 수정 사항을 발표하는 8-K를 제출했습니다.

  • 제조 기한 연장: 회사는 이제 Symphony 카트리지를 생산할 대체 사이트를 인증하기 위해 2026년 10월 23일(이전 2025년 10월 23일)까지 시간이 연장되었습니다.
  • 노하우 완전 이전: Toray는 라이선스 계약에 따라 필요한 모든 기술 노하우를 제공했으며 추가 지원 의무가 없음을 확인했습니다.
  • 최종 부품 구매: Bluejay는 공급 계약이 예정된 2025년 10월 23일 만료 전에 마지막 칩 부품 선적에 대해 Toray에 71,212달러를 지불할 예정입니다.

추가 재무제표는 포함되지 않았습니다. 이번 수정은 부품 공급을 확보하고 제조 현지화에 1년을 추가로 제공하지만, Toray의 향후 기술 지원을 제거하여 실행 위험을 전적으로 Bluejay에 떠넘깁니다.

Bluejay Diagnostics (BJDX) a déposé un formulaire 8-K annonçant un amendement, daté du 23 juillet 2025, à ses accords de licence et de fourniture principaux modifiés et reformulés avec Toray Industries.

  • Prolongation du délai de fabrication : la société dispose désormais jusqu'au 23 octobre 2026 (au lieu du 23 octobre 2025) pour qualifier un site alternatif de production des cartouches Symphony.
  • Savoir-faire entièrement transféré : Toray confirme avoir livré tout le savoir-faire technique requis par l'accord de licence et n'a plus d'obligation d'assistance.
  • Achat final de composants : Bluejay paiera à Toray 71 212 USD pour une dernière expédition de composants de puce avant l'expiration prévue de l'accord de fourniture le 23 octobre 2025.

Aucun état financier supplémentaire n'a été inclus. L'amendement sécurise l'approvisionnement en composants et accorde une année supplémentaire pour localiser la fabrication, mais supprime le support technique futur de Toray, transférant ainsi le risque d'exécution entièrement à Bluejay.

Bluejay Diagnostics (BJDX) hat ein 8-K eingereicht, in dem eine Änderung vom 23. Juli 2025 an den geänderten und neu gefassten Lizenz- und Master-Lieferverträgen mit Toray Industries angekündigt wird.

  • Verlängerung der Fertigungsfrist: Das Unternehmen hat nun bis zum 23. Oktober 2026 (zuvor 23. Oktober 2025) Zeit, einen alternativen Standort für die Herstellung der Symphony-Kartuschen zu qualifizieren.
  • Know-how vollständig übertragen: Toray bestätigt, dass alle im Lizenzvertrag geforderten technischen Kenntnisse übergeben wurden und keine weiteren Unterstützungsverpflichtungen bestehen.
  • Letzter Komponentenankauf: Bluejay wird Toray 71.212 USD für eine letzte Lieferung von Chip-Komponenten vor dem planmäßigen Ablauf des Liefervertrags am 23. Oktober 2025 zahlen.

Es wurden keine zusätzlichen Finanzberichte beigefügt. Die Änderung sichert die Komponentenversorgung und gewährt ein zusätzliches Jahr zur Lokalisierung der Fertigung, entfernt jedoch die zukünftige technische Unterstützung von Toray, wodurch das Ausführungsrisiko vollständig bei Bluejay liegt.

Positive
  • 12-month deadline extension reduces immediate production pressure and potential contract default risk.
  • Final component order secured ensures uninterrupted Symphony cartridge supply through Supply Agreement expiry.
Negative
  • No further technical assistance from Toray heightens execution risk for BJDX’s new manufacturing site.
  • Supply Agreement still ends 23-Oct-2025, creating a reliance on successful in-house production thereafter.

Insights

TL;DR – Extension eases near-term supply risk but shifts technical burden to BJDX; neutral overall.

Granting an extra year to stand up an alternative cartridge plant reduces immediate production risk and aligns with the Symphony platform’s commercialization timeline. The one-time USD 71k purchase is immaterial (<1% cash). However, Toray’s completed know-how transfer means Bluejay loses access to ongoing engineering assistance, elevating execution and validation risk for the new facility. Investors should monitor capital needs and FDA regulatory timelines tied to Symphony launch.

TL;DR – Deadline deferral buys time; loss of Toray support could be a future bottleneck.

The filing is not materially impactful to near-term financials but influences operational risk profile. Extension avoids potential breach of contract in 2025 and secures essential chips before supply agreement lapses. Nevertheless, Bluejay must now independently establish GMP-compliant manufacturing within 15 months of supply cessation—a tight window. Any delay could hinder product roll-out and revenue conversion. Impact rating: neutral.

Bluejay Diagnostics (BJDX) ha presentato un modulo 8-K annunciando una modifica, datata 23-lug-2025, ai suoi Accordi di Licenza e di Fornitura Master modificati e riformulati con Toray Industries.

  • Proroga della scadenza di produzione: l'azienda ha ora tempo fino al 23-ott-2026 (precedentemente 23-ott-2025) per qualificare un sito alternativo per la produzione delle cartucce Symphony.
  • Know-how completamente trasferito: Toray conferma di aver fornito tutto il know-how tecnico richiesto dall'Accordo di Licenza e non ha ulteriori obblighi di assistenza.
  • Acquisto finale di componenti: Bluejay pagherà a Toray 71.212 USD per una spedizione finale di componenti chip prima della scadenza prevista dell'Accordo di Fornitura il 23-ott-2025.

Non sono stati inclusi ulteriori rendiconti finanziari. La modifica garantisce la fornitura dei componenti e concede un anno in più per localizzare la produzione, ma elimina il supporto tecnico futuro di Toray, trasferendo il rischio di esecuzione interamente su Bluejay.

Bluejay Diagnostics (BJDX) presentó un formulario 8-K anunciando una enmienda, fechada el 23-jul-2025, a sus Acuerdos de Licencia y de Suministro Maestro enmendados y reformulados con Toray Industries.

  • Extensión del plazo de fabricación: la compañía ahora tiene hasta el 23-oct-2026 (antes 23-oct-2025) para calificar un sitio alternativo para producir cartuchos Symphony.
  • Know-how completamente transferido: Toray confirma que ha entregado todo el know-how técnico requerido bajo el Acuerdo de Licencia y no tiene más obligación de brindar asistencia.
  • Compra final de componentes: Bluejay pagará a Toray 71.212 USD por un último envío de componentes de chip antes de la expiración programada del Acuerdo de Suministro el 23-oct-2025.

No se incluyeron estados financieros adicionales. La enmienda asegura el suministro de componentes y proporciona un año extra para localizar la fabricación, pero elimina el soporte técnico futuro de Toray, colocando el riesgo de ejecución completamente en Bluejay.

Bluejay Diagnostics(BJDX)는 2025년 7월 23일 자로 Toray Industries와의 수정 및 재작성된 라이선스 및 마스터 공급 계약에 대한 수정 사항을 발표하는 8-K를 제출했습니다.

  • 제조 기한 연장: 회사는 이제 Symphony 카트리지를 생산할 대체 사이트를 인증하기 위해 2026년 10월 23일(이전 2025년 10월 23일)까지 시간이 연장되었습니다.
  • 노하우 완전 이전: Toray는 라이선스 계약에 따라 필요한 모든 기술 노하우를 제공했으며 추가 지원 의무가 없음을 확인했습니다.
  • 최종 부품 구매: Bluejay는 공급 계약이 예정된 2025년 10월 23일 만료 전에 마지막 칩 부품 선적에 대해 Toray에 71,212달러를 지불할 예정입니다.

추가 재무제표는 포함되지 않았습니다. 이번 수정은 부품 공급을 확보하고 제조 현지화에 1년을 추가로 제공하지만, Toray의 향후 기술 지원을 제거하여 실행 위험을 전적으로 Bluejay에 떠넘깁니다.

Bluejay Diagnostics (BJDX) a déposé un formulaire 8-K annonçant un amendement, daté du 23 juillet 2025, à ses accords de licence et de fourniture principaux modifiés et reformulés avec Toray Industries.

  • Prolongation du délai de fabrication : la société dispose désormais jusqu'au 23 octobre 2026 (au lieu du 23 octobre 2025) pour qualifier un site alternatif de production des cartouches Symphony.
  • Savoir-faire entièrement transféré : Toray confirme avoir livré tout le savoir-faire technique requis par l'accord de licence et n'a plus d'obligation d'assistance.
  • Achat final de composants : Bluejay paiera à Toray 71 212 USD pour une dernière expédition de composants de puce avant l'expiration prévue de l'accord de fourniture le 23 octobre 2025.

Aucun état financier supplémentaire n'a été inclus. L'amendement sécurise l'approvisionnement en composants et accorde une année supplémentaire pour localiser la fabrication, mais supprime le support technique futur de Toray, transférant ainsi le risque d'exécution entièrement à Bluejay.

Bluejay Diagnostics (BJDX) hat ein 8-K eingereicht, in dem eine Änderung vom 23. Juli 2025 an den geänderten und neu gefassten Lizenz- und Master-Lieferverträgen mit Toray Industries angekündigt wird.

  • Verlängerung der Fertigungsfrist: Das Unternehmen hat nun bis zum 23. Oktober 2026 (zuvor 23. Oktober 2025) Zeit, einen alternativen Standort für die Herstellung der Symphony-Kartuschen zu qualifizieren.
  • Know-how vollständig übertragen: Toray bestätigt, dass alle im Lizenzvertrag geforderten technischen Kenntnisse übergeben wurden und keine weiteren Unterstützungsverpflichtungen bestehen.
  • Letzter Komponentenankauf: Bluejay wird Toray 71.212 USD für eine letzte Lieferung von Chip-Komponenten vor dem planmäßigen Ablauf des Liefervertrags am 23. Oktober 2025 zahlen.

Es wurden keine zusätzlichen Finanzberichte beigefügt. Die Änderung sichert die Komponentenversorgung und gewährt ein zusätzliches Jahr zur Lokalisierung der Fertigung, entfernt jedoch die zukünftige technische Unterstützung von Toray, wodurch das Ausführungsrisiko vollständig bei Bluejay liegt.

false000181421500018142152025-07-222025-07-22

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 22, 2025

 

 

Nuburu, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-39489

85-1288435

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

7442 S Tucson Way

Suite 130

 

Centennial, Colorado

 

80112

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (720) 767-1400

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.0001 per share

 

BURU

 

NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On July 22, 2025, the NYSE notified Nuburu, Inc. (the “Company”) that it had accepted the Company’s plan outlining definitive actions that the Company has taken or will take to regain compliance with NYSE’s continued listing standards (the “Compliance Plan”) and granted a plan period through October 29, 2026 (the “Plan Period”).

As previously reported, on April 29, 2025, received a Notice of Noncompliance (the “Notice”) from NYSE Regulation indicating that the Company was not in compliance with Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”) since it reported stockholders’ deficit of $(37.8) million at December 31, 2024 and has had losses in the two most recent fiscal years.

The NYSE will review the Company periodically for compliance with the Compliance Plan. If the Company is not in compliance with the continued listing standards by October 29, 2026, or if the Company does not make progress consistent with the Compliance Plan during the Plan Period, NYSE may initiate delisting proceedings as appropriate. However, the Company may appeal a staff delisting determination in accordance with the Company Guide.

NYSE’s acceptance of the Compliance Plan has no immediate effect on the listing or trading of the Company’s securities and the Company’s common stock will continue to trade on the NYSE American under the symbol “BURU” during the Plan Period with the designation of “.BC” to indicate that the Company is not in compliance with the NYSE American’s continued listing standards.

The Company continues to work diligently to regain compliance.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

 

Exhibit No.

 

Description

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

Forward-Looking Statements

This report 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 report 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 previously announced foreclosure, which resulted in the loss of the Company’s patent portfolio; (3) failure to achieve expectations regarding business development and the Company’s announced acquisition strategy; (4) the inability to access sufficient capital to operate or pursue the Company’s strategy; (5) the inability 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; (9) the inability to consummate recently announced transactions or realize the anticipated benefits from such transactions; and (10) 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 report 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.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

NUBURU, INC.

 

 

 

 

Date:

July 28, 2025

By:

/s/ Alessandro Zamboni

 

 

 

Name: Alessandro Zamboni
Title: Executive Chairman

 


FAQ

What agreement did BJDX amend with Toray?

Bluejay amended its License Agreement and Master Supply Agreement dated 23-Jul-2025.

How long is the new manufacturing deadline for Bluejay Diagnostics?

The company now has until 23-Oct-2026 to establish an alternative Symphony cartridge production site.

Will Toray provide further technical support after this amendment?

No. Toray confirmed it has delivered all required know-how and owes no additional assistance.

What is the cost of the final chip component supply BJDX will purchase?

Bluejay will pay USD 71,212 for the last shipment of chip components.

When does the Master Supply Agreement between BJDX and Toray expire?

The Supply Agreement remains set to expire on 23-Oct-2025.
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