🟢 Nuburu is trading 39.17% up in pre-market after cancellation of its $15 million convertible note

Nuburu is trading 39.17% up at $1.67 after a filing disclosed cancellation of its $15 million subordinated convertible note.

• In exchange, Nuburu will return 295,000 Heckler & Koch shares to Brick Lane Capital Management, removing the note liability and potential conversion-related dilution.
• News coverage explicitly linked the disclosure to the after-hours rally; price context showed continued strength pre-market on October 7.