Nuburu Inc. has entered into a new financing agreement with Bomore Opportunity Group Ltd, involving the issuance of unsecured, convertible notes totaling $1,300,000. In exchange for transferring 100,000 shares of Series A Preferred Stock back to the company, Nuburu issued a $1,050,000 note to Bomore. Additionally, a capital infusion of $250,000 resulted in the issuance of a corresponding note. Both notes, maturing on June 17, 2026, bear no interest unless in default and feature a conversion price based on the lowest VWAP during the five days prior to conversion. The agreement limits Bomore's stock holdings and subordinates the notes to the Series A Preferred Stock concerning dividends and liquidation rights. This transaction was executed as a private placement to an accredited investor, exempt from registration under the Securities Act of 1933.