STOCK TITAN

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

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

Greif, Inc. (GEF) filed a Form 144 disclosing that an insider plans to sell up to 19,248 Class A shares through Fidelity Brokerage Services on or about 01 July 2025. The block carries an aggregate market value of $1.35 million and represents approximately 0.07 % of the 26.13 million Class A shares outstanding.

The filing also lists a prior disposition: on 09 June 2025 the same individual, named as Ole Rosgaard, sold 30,000 Class A shares for gross proceeds of $1.97 million. Taken together, recent and proposed sales total 49,248 shares, or roughly 0.19 % of the current float.

The shares to be sold were acquired on 16 January 2024 via restricted-stock vesting and are being sold for the insider’s own account. No operational, earnings or strategic information is included; the document strictly serves as notice under Rule 144 and contains the standard representation that the seller is not in possession of undisclosed material adverse information.

For investors, the key takeaway is the continued insider selling activity, which, while small relative to total shares outstanding, may be monitored as a gauge of insider sentiment toward Greif’s equity.

Greif, Inc. (GEF) ha presentato un modulo Form 144 comunicando che un insider intende vendere fino a 19.248 azioni di Classe A tramite Fidelity Brokerage Services intorno al 1° luglio 2025. Il blocco ha un valore di mercato complessivo di 1,35 milioni di dollari e rappresenta circa il 0,07% delle 26,13 milioni di azioni di Classe A in circolazione.

La comunicazione riporta anche una precedente vendita: il 9 giugno 2025 la stessa persona, identificata come Ole Rosgaard, ha venduto 30.000 azioni di Classe A per un ricavo lordo di 1,97 milioni di dollari. Complessivamente, le vendite recenti e previste ammontano a 49.248 azioni, pari a circa il 0,19% del flottante attuale.

Le azioni da vendere sono state acquisite il 16 gennaio 2024 tramite maturazione di azioni vincolate e saranno vendute per conto personale dell’insider. Non sono incluse informazioni operative, sugli utili o strategiche; il documento serve esclusivamente come notifica ai sensi della Regola 144 e contiene la dichiarazione standard che il venditore non è in possesso di informazioni materiali riservate e sfavorevoli.

Per gli investitori, il punto chiave è la continua attività di vendita da parte degli insider che, sebbene limitata rispetto al totale delle azioni in circolazione, può essere monitorata come indicatore del sentiment interno verso il capitale di Greif.

Greif, Inc. (GEF) presentó un Formulario 144 revelando que un insider planea vender hasta 19,248 acciones Clase A a través de Fidelity Brokerage Services alrededor del 1 de julio de 2025. El bloque tiene un valor de mercado agregado de 1.35 millones de dólares y representa aproximadamente el 0.07% de las 26.13 millones de acciones Clase A en circulación.

La presentación también menciona una disposición previa: el 9 de junio de 2025, la misma persona, identificada como Ole Rosgaard, vendió 30,000 acciones Clase A por ingresos brutos de 1.97 millones de dólares. En conjunto, las ventas recientes y propuestas suman 49,248 acciones, o aproximadamente el 0.19% del flotante actual.

Las acciones a vender fueron adquiridas el 16 de enero de 2024 mediante la consolidación de acciones restringidas y se venden para la cuenta personal del insider. No se incluye información operativa, de ganancias o estratégica; el documento sirve estrictamente como aviso bajo la Regla 144 y contiene la representación estándar de que el vendedor no posee información material adversa no divulgada.

Para los inversores, la conclusión clave es la continua actividad de ventas por parte de insiders que, aunque pequeña en relación con el total de acciones en circulación, puede ser monitoreada como un indicador del sentimiento interno hacia el capital de Greif.

Greif, Inc. (GEF)는 내부자가 2025년 7월 1일경 Fidelity Brokerage Services를 통해 최대 19,248주의 클래스 A 주식을 매도할 계획임을 알리는 Form 144를 제출했습니다. 해당 블록의 총 시장 가치는 135만 달러이며, 발행 중인 2,613만 클래스 A 주식의 약 0.07%에 해당합니다.

신고서에는 이전 거래 내역도 포함되어 있는데, 2025년 6월 9일 동일 인물인 Ole Rosgaard가 30,000주의 클래스 A 주식을 매도하여 총 197만 달러의 매출을 올렸습니다. 최근 및 예정된 매도를 합하면 총 49,248주로, 현재 유통 주식의 약 0.19%에 해당합니다.

매도 예정인 주식은 2024년 1월 16일 제한 주식의 권리 확정으로 취득한 것이며, 내부자 본인 계좌를 위해 매도됩니다. 운영, 수익 또는 전략 관련 정보는 포함되어 있지 않으며, 이 문서는 Rule 144에 따른 통지 목적으로만 제출되었고, 판매자가 미공개 중대한 불리한 정보를 보유하지 않았다는 표준 진술을 포함하고 있습니다.

투자자에게 중요한 점은 전체 발행 주식 대비 적은 규모임에도 불구하고 내부자의 지속적인 매도 활동이 Greif 주식에 대한 내부자 심리를 가늠하는 지표로서 관찰될 수 있다는 것입니다.

Greif, Inc. (GEF) a déposé un formulaire 144 révélant qu’un initié prévoit de vendre jusqu’à 19 248 actions de classe A via Fidelity Brokerage Services aux alentours du 1er juillet 2025. Le bloc représente une valeur marchande totale de 1,35 million de dollars et environ 0,07% des 26,13 millions d’actions de classe A en circulation.

Le dépôt mentionne également une cession antérieure : le 9 juin 2025, la même personne, nommée Ole Rosgaard, a vendu 30 000 actions de classe A pour un produit brut de 1,97 million de dollars. Ensemble, les ventes récentes et proposées totalisent 49 248 actions, soit environ 0,19% du flottant actuel.

Les actions à vendre ont été acquises le 16 janvier 2024 par acquisition de stock restreint et sont vendues pour le compte personnel de l’initié. Aucune information opérationnelle, sur les bénéfices ou stratégique n’est incluse ; le document sert strictement d’avis en vertu de la règle 144 et contient la déclaration standard selon laquelle le vendeur ne détient pas d’informations matérielles défavorables non divulguées.

Pour les investisseurs, le point clé est la poursuite de l’activité de vente des initiés qui, bien que faible par rapport au total des actions en circulation, peut être surveillée comme un indicateur du sentiment des initiés envers le capital de Greif.

Greif, Inc. (GEF) hat ein Formular 144 eingereicht, das offenlegt, dass ein Insider plant, bis zu 19.248 Class-A-Aktien über Fidelity Brokerage Services etwa am 1. Juli 2025 zu verkaufen. Das Volumen hat einen Gesamtmarktwert von 1,35 Millionen US-Dollar und entspricht etwa 0,07% der 26,13 Millionen ausstehenden Class-A-Aktien.

Die Einreichung listet auch einen früheren Verkauf auf: Am 9. Juni 2025 verkaufte dieselbe Person, Ole Rosgaard, 30.000 Class-A-Aktien mit einem Bruttoerlös von 1,97 Millionen US-Dollar. Zusammen ergeben die jüngsten und geplanten Verkäufe 49.248 Aktien, was etwa 0,19% des aktuellen Streubesitzes entspricht.

Die zu verkaufenden Aktien wurden am 16. Januar 2024 durch Restricted-Stock-Vesting erworben und werden im eigenen Namen des Insiders verkauft. Es sind keine operativen, Gewinn- oder strategischen Informationen enthalten; das Dokument dient ausschließlich als Mitteilung gemäß Regel 144 und enthält die übliche Erklärung, dass der Verkäufer keine nicht offengelegten wesentlichen nachteiligen Informationen besitzt.

Für Investoren ist die wichtigste Erkenntnis die fortgesetzte Insider-Verkaufsaktivität, die zwar im Verhältnis zur Gesamtzahl der ausstehenden Aktien gering ist, aber als Indikator für die Insider-Stimmung gegenüber der Greif-Aktie beobachtet werden kann.

Positive
  • None.
Negative
  • Insider intends to sell 19,248 Class A shares worth $1.35 million on 01 July 2025
  • The same insider sold 30,000 shares for $1.97 million on 09 June 2025, signaling continued share disposition

Insights

TL;DR: Routine Form 144 shows small-scale insider sale; limited impact on valuation.

The proposed 19,248-share sale equals 0.07 % of Class A shares outstanding. Even when combined with the recent 30,000-share sale, disposals amount to 0.19 % of float—insufficient on their own to alter supply-demand dynamics or signal dramatic confidence shifts. No financial metrics accompany the filing, so fundamental views on GEF remain anchored to operating performance, not insider liquidity moves. I view the disclosure as informational and largely neutral for valuation.

TL;DR: Continued insider selling may raise modest governance and sentiment flags.

Successive sales—$1.97 million in June plus a planned $1.35 million in July—suggest the insider is trimming exposure equal to 49,248 shares. While the percentage of total shares is minor, clustered insider sales can influence market perception, especially absent offsetting insider purchases. Investors tracking governance risk should note the cadence and monitor future filings for a trend. Overall impact is slightly negative but not materially harmful to liquidity or control structure.

Greif, Inc. (GEF) ha presentato un modulo Form 144 comunicando che un insider intende vendere fino a 19.248 azioni di Classe A tramite Fidelity Brokerage Services intorno al 1° luglio 2025. Il blocco ha un valore di mercato complessivo di 1,35 milioni di dollari e rappresenta circa il 0,07% delle 26,13 milioni di azioni di Classe A in circolazione.

La comunicazione riporta anche una precedente vendita: il 9 giugno 2025 la stessa persona, identificata come Ole Rosgaard, ha venduto 30.000 azioni di Classe A per un ricavo lordo di 1,97 milioni di dollari. Complessivamente, le vendite recenti e previste ammontano a 49.248 azioni, pari a circa il 0,19% del flottante attuale.

Le azioni da vendere sono state acquisite il 16 gennaio 2024 tramite maturazione di azioni vincolate e saranno vendute per conto personale dell’insider. Non sono incluse informazioni operative, sugli utili o strategiche; il documento serve esclusivamente come notifica ai sensi della Regola 144 e contiene la dichiarazione standard che il venditore non è in possesso di informazioni materiali riservate e sfavorevoli.

Per gli investitori, il punto chiave è la continua attività di vendita da parte degli insider che, sebbene limitata rispetto al totale delle azioni in circolazione, può essere monitorata come indicatore del sentiment interno verso il capitale di Greif.

Greif, Inc. (GEF) presentó un Formulario 144 revelando que un insider planea vender hasta 19,248 acciones Clase A a través de Fidelity Brokerage Services alrededor del 1 de julio de 2025. El bloque tiene un valor de mercado agregado de 1.35 millones de dólares y representa aproximadamente el 0.07% de las 26.13 millones de acciones Clase A en circulación.

La presentación también menciona una disposición previa: el 9 de junio de 2025, la misma persona, identificada como Ole Rosgaard, vendió 30,000 acciones Clase A por ingresos brutos de 1.97 millones de dólares. En conjunto, las ventas recientes y propuestas suman 49,248 acciones, o aproximadamente el 0.19% del flotante actual.

Las acciones a vender fueron adquiridas el 16 de enero de 2024 mediante la consolidación de acciones restringidas y se venden para la cuenta personal del insider. No se incluye información operativa, de ganancias o estratégica; el documento sirve estrictamente como aviso bajo la Regla 144 y contiene la representación estándar de que el vendedor no posee información material adversa no divulgada.

Para los inversores, la conclusión clave es la continua actividad de ventas por parte de insiders que, aunque pequeña en relación con el total de acciones en circulación, puede ser monitoreada como un indicador del sentimiento interno hacia el capital de Greif.

Greif, Inc. (GEF)는 내부자가 2025년 7월 1일경 Fidelity Brokerage Services를 통해 최대 19,248주의 클래스 A 주식을 매도할 계획임을 알리는 Form 144를 제출했습니다. 해당 블록의 총 시장 가치는 135만 달러이며, 발행 중인 2,613만 클래스 A 주식의 약 0.07%에 해당합니다.

신고서에는 이전 거래 내역도 포함되어 있는데, 2025년 6월 9일 동일 인물인 Ole Rosgaard가 30,000주의 클래스 A 주식을 매도하여 총 197만 달러의 매출을 올렸습니다. 최근 및 예정된 매도를 합하면 총 49,248주로, 현재 유통 주식의 약 0.19%에 해당합니다.

매도 예정인 주식은 2024년 1월 16일 제한 주식의 권리 확정으로 취득한 것이며, 내부자 본인 계좌를 위해 매도됩니다. 운영, 수익 또는 전략 관련 정보는 포함되어 있지 않으며, 이 문서는 Rule 144에 따른 통지 목적으로만 제출되었고, 판매자가 미공개 중대한 불리한 정보를 보유하지 않았다는 표준 진술을 포함하고 있습니다.

투자자에게 중요한 점은 전체 발행 주식 대비 적은 규모임에도 불구하고 내부자의 지속적인 매도 활동이 Greif 주식에 대한 내부자 심리를 가늠하는 지표로서 관찰될 수 있다는 것입니다.

Greif, Inc. (GEF) a déposé un formulaire 144 révélant qu’un initié prévoit de vendre jusqu’à 19 248 actions de classe A via Fidelity Brokerage Services aux alentours du 1er juillet 2025. Le bloc représente une valeur marchande totale de 1,35 million de dollars et environ 0,07% des 26,13 millions d’actions de classe A en circulation.

Le dépôt mentionne également une cession antérieure : le 9 juin 2025, la même personne, nommée Ole Rosgaard, a vendu 30 000 actions de classe A pour un produit brut de 1,97 million de dollars. Ensemble, les ventes récentes et proposées totalisent 49 248 actions, soit environ 0,19% du flottant actuel.

Les actions à vendre ont été acquises le 16 janvier 2024 par acquisition de stock restreint et sont vendues pour le compte personnel de l’initié. Aucune information opérationnelle, sur les bénéfices ou stratégique n’est incluse ; le document sert strictement d’avis en vertu de la règle 144 et contient la déclaration standard selon laquelle le vendeur ne détient pas d’informations matérielles défavorables non divulguées.

Pour les investisseurs, le point clé est la poursuite de l’activité de vente des initiés qui, bien que faible par rapport au total des actions en circulation, peut être surveillée comme un indicateur du sentiment des initiés envers le capital de Greif.

Greif, Inc. (GEF) hat ein Formular 144 eingereicht, das offenlegt, dass ein Insider plant, bis zu 19.248 Class-A-Aktien über Fidelity Brokerage Services etwa am 1. Juli 2025 zu verkaufen. Das Volumen hat einen Gesamtmarktwert von 1,35 Millionen US-Dollar und entspricht etwa 0,07% der 26,13 Millionen ausstehenden Class-A-Aktien.

Die Einreichung listet auch einen früheren Verkauf auf: Am 9. Juni 2025 verkaufte dieselbe Person, Ole Rosgaard, 30.000 Class-A-Aktien mit einem Bruttoerlös von 1,97 Millionen US-Dollar. Zusammen ergeben die jüngsten und geplanten Verkäufe 49.248 Aktien, was etwa 0,19% des aktuellen Streubesitzes entspricht.

Die zu verkaufenden Aktien wurden am 16. Januar 2024 durch Restricted-Stock-Vesting erworben und werden im eigenen Namen des Insiders verkauft. Es sind keine operativen, Gewinn- oder strategischen Informationen enthalten; das Dokument dient ausschließlich als Mitteilung gemäß Regel 144 und enthält die übliche Erklärung, dass der Verkäufer keine nicht offengelegten wesentlichen nachteiligen Informationen besitzt.

Für Investoren ist die wichtigste Erkenntnis die fortgesetzte Insider-Verkaufsaktivität, die zwar im Verhältnis zur Gesamtzahl der ausstehenden Aktien gering ist, aber als Indikator für die Insider-Stimmung gegenüber der Greif-Aktie beobachtet werden kann.

0001814215false00018142152025-06-252025-06-25

 

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): June 25, 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 1.01 Entry into a Material Definitive Agreement.

Information reported in Item 2.03 is incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On June 25, 2025, Nuburu, Inc. (the “Company”) entered into the following transactions with Torcross Capital LLC (“Torcross”):

• in exchange for transferring 40,000 shares of the Company’s outstanding Series A Preferred Stock to the Company, the Company issued to Torcross a $400,000 face amount unsecured, convertible note. The note bears no interest for so long as it is not in default and has a June 24, 2026 maturity date and a conversion price equal to 80% of the lowest VWAP during the 5 days prior to the conversion date; and

• in exchange for a capital infusion of $100,000, the Company issued to Torcross a $100,000 face amount unsecured, convertible note. The note bears no interest for so long as it is not in default and has a June 24, 2026 maturity date and a conversion price equal to 80% of the lowest VWAP during the 5 days prior to the conversion date.

Issuances of Common Stock on conversion of such notes are limited to an amount equal to 19.9% of the outstanding common stock as of the date of execution, until such time as the transaction is approved by stockholders, and may not result in Torcross holding more than 9.9% of the Company’s outstanding Common Stock at any time. The notes are also subordinate to the currently outstanding Series A Preferred Stock, solely with respect to dividend rights and rights on the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company.

The foregoing transaction documents contain customary representations, warranties, and covenants, including customary events of default including, but not limited to, failure to pay amounts due when required, default in covenants, and bankruptcy events.

Item 3.02 Unregistered Sales of Equity Securities.

Information reported in Item 2.03 is incorporated by reference herein. The securities were sold in a private placement to an accredited investor in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

 

Description

(d)

 

Exhibits

104

 

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

 

 

 

 

 

 

 


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 1, 2025

By:

/s/ Alessandro Zamboni

 

 

 

Name: Alessandro Zamboni
Title: Executive Chairman

 


FAQ

What does Greif’s latest Form 144 filing disclose?

It notifies the market that an insider plans to sell 19,248 Class A shares valued at $1.35 million around 01 July 2025.

How many Greif (GEF) shares are outstanding?

The filing lists 26,129,971 Class A shares outstanding.

Who sold Greif shares recently and how many?

Ole Rosgaard sold 30,000 Class A shares on 09 June 2025 for $1.97 million.

What percentage of Greif’s float does the planned sale represent?

The 19,248-share block equals roughly 0.07 % of shares outstanding; combining recent sales totals about 0.19 %.

Were the shares acquired through open-market buying?

No. They vested on 16 January 2024 as restricted-stock compensation and are now eligible for resale under Rule 144.
Nuburu

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