Nuburu Inc. has entered into new financing agreements with Brick Lane Capital Management Limited as of June 3, 2025. The company issued two unsecured, convertible notes to Brick Lane. The first note, valued at $1,050,000, was exchanged for 100,000 shares of Nuburu's Series A Preferred Stock. It carries no interest unless in default, matures on April 17, 2026, and features a conversion price based on the lowest VWAP in the five days prior to conversion. The second note, worth $250,000, was issued for a capital infusion and also bears no interest unless in default, with a maturity date of June 2, 2026. Both notes are convertible to common stock, subject to certain limitations, and are subordinate to existing Series A Preferred Stock in terms of dividend and liquidation rights. Nuburu is responsible for registering the shares for resale upon conversion. These transactions were conducted in a private placement with an accredited investor, exempt from registration under the Securities Act.