NUBURU, Inc. announced on February 28, 2025, the execution of a $2 million Equity Swap Agreement and a strategic partnership with HUMBL, Inc. This collaboration is designed to accelerate both companies' growth strategies.
Under the terms, HUMBL has been appointed as the exclusive distributor in Brazil for NUBURU's existing business and its recently announced Defense and Security Portfolio Companies. There is also potential for HUMBL to expand its exclusivity to all of Latin America upon achieving certain revenue and market penetration targets.
The partnership aims to leverage HUMBL's established presence in Brazil and Ybyra Capital's regional network to accelerate the deployment of NUBURU's Defense and Security portfolio, providing NUBURU shareholders with dual benefits of market access and exposure.
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