SEC Contract Filing

Filing Date: 2024-04-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.40
<SEQUENCE>5
<FILENAME>buru-ex10_40.htm
<DESCRIPTION>EX-10.40
<TEXT>
<html>
 <head>
 <title>EX-10.40</title>
 </head>
 <body style="margin: auto!important;padding: 8px;">
 <div style="min-height:0.94in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Exhibit 10.40</font></p></div>
 <p style="margin-left:0.92%;font-size:10pt;margin-top:3.9pt;font-family:Times New Roman;margin-bottom:0;margin-right:1.426%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &#x201c;</font><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">ACT</font><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">&#x201d;), OR UNDER THE SECURITIES LAWS OF CERTAIN STATES. THIS SECURITY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED EXCEPT AS PERMITTED UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR AN EXEMPTION THEREFROM. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE ISSUER THAT SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION OTHERWISE COMPLIES WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.</font></p>
 <p style="margin-left:29.08%;text-indent:19.795%;font-size:10pt;margin-top:12.2pt;font-family:Times New Roman;margin-bottom:0;margin-right:29.63%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">NUBURU, INC. SECURED PROMISSORY NOTE</font></p>
 <table style="margin-left:1.019%;border-spacing:0;table-layout:fixed;width:97.0%;border-collapse:separate;">
 <tr style="visibility:collapse;">
 <td style="width:39.42%;"></td>
 <td style="width:60.58%;"></td>
 </tr>
 <tr style="height:55.45pt;word-break:break-word;white-space:pre-wrap;">
 <td style="border-top:0.5pt solid #000000;border-right:0.5pt solid #000000;text-indent:5.35pt;border-left:0.5pt solid #000000;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="margin-left:5.35pt;text-indent:0;font-size:12pt;margin-top:0.05pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">Issue Date</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">: November 13, 2023</font></p><p style="margin-left:5.35pt;text-indent:0;font-size:12pt;margin-top:0.05pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">Maturity Date</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">: November 13, 2024</font></p></td>
 <td style="border-top:0.5pt solid #000000;border-right:0.5pt solid #000000;text-indent:51.55pt;vertical-align:top;border-bottom:0.5pt solid #ffffff03;text-align:center;"><p style="margin-left:51.55pt;text-indent:43.1pt;font-size:12pt;margin-top:0.05pt;font-family:Times New Roman;margin-bottom:0;margin-right:0.06805555555555556in;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">Purchase Price</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">: $[</font><font style="color:#000000;white-space:pre-wrap;text-decoration:underline;min-width:fit-content;"> </font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">.00] </font><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">Original Issue Discount</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">: $[</font><font style="color:#000000;white-space:pre-wrap;text-decoration:underline;min-width:fit-content;"> </font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">.00] </font><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-style:italic;min-width:fit-content;">Principal Amount</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">: $[</font><font style="color:#000000;white-space:pre-wrap;text-decoration:underline;min-width:fit-content;">	</font><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">.00]</font></p><p style="text-indent:0;font-size:12pt;margin-top:0.05pt;font-family:Times New Roman;margin-bottom:0;margin-right:0.06944444444444445in;text-align:right;"><font style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Note No. N-[	]</font></p></td>
 </tr>
 </table>
 <p style="font-size:10pt;margin-top:11.85pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><font style="white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:fit-content;">&#160;</font></p>
 <p style="margin-left:0.92%;text-indent:6.814%;font-size:10pt;margin-top:0.05pt;font-family:Times New Roman;margin-bottom:0;margin-right:1.435%;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:Times New Roman;min-width:f