Nuburu (BURU) Stock: Drops as Tekne Deal Advances After Italian Approval

TLDR Nuburu shares drop 3.48% despite Italy clearing the Tekne acquisition deal. Italy approves Nuburu Defense’s planned 70% controlling interest in Tekne deal. The deal now advances toward funding, governance, and final closing steps next. Tekne adds defense manufacturing, electronic warfare, and military mobility. Nuburu’s $38 million offering supports the acquisition and integration work. Nuburu [...]

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