Nuburu, Inc. (NYSEAM:BURU) (?NUBURU? or the ?Company?) announced that it has engaged Northland Capital Markets (?Northland?) as its financial advisor in connection with its evaluation of strategic alternatives. With assistance from Northland and its other advisors, the Company will assess a full range of strategic alternatives, including a sale, merger, divestiture, recapitalization, going private transaction, additional financing, and other significant transactions.

The Company has not set a timetable for the conclusion of its evaluation of strategic alternatives and has not made any decisions related to strategic alternatives at this time. There can be no assurance that this evaluation will result in any definitive documentation to consummate one or more transactions, or other strategic changes or outcomes, or, that the terms of any such transactions, changes, or outcomes will be favorable. Even if the Company enters into a definitive agreement, the Company may not be successful in completing a transaction, change or outcome, or, if it completes such a transaction, change or outcome, it may not ultimately enhance value or deliver expected benefits.

The Company does not expect to comment further with respect to this evaluation unless or until it has approved a specific course of action or has otherwise concluded that further disclosure is appropriate or legally required.