BURU Ownership Update: Esousa Files 13G/A Showing No Remaining Shares
Rhea-AI Filing Summary
Amendment No. 2 to Schedule 13G filed by Esousa Group Holdings LLC and its managing member Michael Wachs reports that, as of the event date 30 June 2025, the filers beneficially own 0 Nuburu, Inc. (BURU) common shares, representing 0 % of the outstanding class.
The filing confirms:
- No voting or dispositive power – Items 4(a)–(c) list zero sole or shared voting/dispositive power.
- Ownership of 5 % or less – Item 5 states the group now holds less than the 5 % threshold that normally triggers Schedule 13G reporting.
- Citizenship & addresses – Esousa is a New York LLC; Mr. Wachs is a U.S. citizen. Principal office: 211 E 43rd St., Suite 402, New York, NY 10017.
- Certification – The securities were not acquired with intent to influence control of the issuer.
- Signatures – Both Esousa Group Holdings LLC (by Michael Wachs) and Michael Wachs individually signed on 10 July 2025.
Implication: a previously reportable holder has fully exited or otherwise reduced its stake below disclosure thresholds, removing its status as a significant shareholder in BURU.
Positive
- None.
Negative
- Esousa Group Holdings LLC and Michael Wachs disclose beneficial ownership of 0 shares (0 %), indicating the exit of a former significant shareholder from Nuburu’s register.
Insights
TL;DR (25 words)
Esousa Group and Michael Wachs now report 0 % stake in BURU, eliminating a prior 5 % holder; potential signal of reduced institutional support.
TL;DR (25 words)
Filing shows no voting or dispositive power remains with Esousa/Wachs, diminishing single-investor influence; governance impact modest but worth noting for ownership tables.