Haring-Smith Whitney's Form 4 filing
Nuburu, Inc.BURU · filed Aug 9, 2023
- Accession no.
- 0001062993-23-016119
- Filed
- Aug 9, 2023, 9:46 PM ET
- Trade date
- Aug 7-8, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 18 non-derivative transactions. Open-market sales total $8.76M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Haring-Smith WhitneyCIK 0001846535 | 10% Owner |
| Anzu Nuburu V LLCCIK 0001959879 | 10% Owner |
| Anzu Nuburu LLCCIK 0001959884 | 10% Owner |
| Seldin DavidCIK 0001959900 | 10% Owner |
| Herman DebrahCIK 0001959913 | 10% Owner |
| Anzu Partners LLCCIK 0001959972 | 10% Owner |
| Anzu Nuburu II LLCCIK 0001959974 | 10% Owner |
| Anzu Nuburu III LLCCIK 0001960024 | 10% Owner |
| CST Global LLCCIK 0001960132 | 10% Owner |
| David & Jennifer Michael Family Ltd PartnershipCIK 0001960188 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 7, 2023 | Common Stock | SSaleDisposed | −8,281 | $0.7104F2 | −$5,882.82 | 10,109,958 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −3,291 | $0.7104F2 | −$2,337.93 | 4,017,469 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −1,514 | $0.7104F2 | −$1,075.55 | 1,847,823 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −1,244 | $0.7104F2 | −$883.74 | 1,518,374 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −411 | $0.7104F2 | −$291.97 | 502,260 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −146 | $0.7104F2 | −$103.72 | 177,690 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −84 | $0.7104F2 | −$59.67 | 102,920 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −20 | $0.7104F2 | −$14.21 | 24,240 | Direct | |
| Aug 7, 2023 | Common Stock | SSaleDisposed | −10 | $0.7104F2 | −$7.1 | 12,120 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −4,444,324 | $1.09F11 | −$4,832,757.92 | 5,665,634 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −1,766,048 | $1.09F11 | −$1,920,400.6 | 2,251,421 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −812,289 | $1.09F11 | −$883,283.06 | 1,035,534 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −667,465 | $1.09F11 | −$725,801.44 | 850,909 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −220,790 | $1.09F11 | −$240,087.05 | 281,470 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −78,111 | $1.09F11 | −$84,937.9 | 99,579 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −45,243 | $1.09F11 | −$49,197.24 | 57,677 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −10,655 | $1.09F11 | −$11,586.25 | 13,585 | Direct | |
| Aug 8, 2023 | Common Stock | SSaleDisposed | −5,328 | $1.09F11 | −$5,793.67 | 6,792 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The shares were sold in multiple transactions at prices ranging from $0.7095 to $0.7127, inclusive. This amount represents the weighted average sale price of such transactions. The Reporting Persons undertake to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Referenced by the price of 9 transactions in Table I.
- F11
The shares were sold in multiple transactions at prices ranging from $0.68 to $2.14, inclusive. This amount represents the weighted average sale price of such transactions. The Reporting Persons undertake to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Referenced by the price of 9 transactions in Table I.
Remarks
The Reporting Persons may be deemed members of a "group" for purposes of Section 13(d) of the Exchange Act with each of the other Reporting Persons and Mr. Hirsch. Mr. Seldin and Mr. Haring-Smith are managing partners of Anzu Partners LLC and share voting and dispositive power with respect to the securities held directly by Anzu Partners LLC. Mr. Seldin and Ms. Herman are managers of each of Anzu Nuburu LLC, Anzu Nuburu II LLC, Anzu Nuburu III LLC and Anzu Nuburu V LLC (collectively, the "Anzu SPVs") and share voting and dispositive power with respect to the securities held directly by the Anzu SPVs. Mr. Hirsch is a director of the Issuer. Each of the Reporting Persons may be deemed a director by deputization of the Issuer. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.