Blue laser technology company NUBURU entered an agreement with special purpose acquisition company (SPAC) Tailwind Acquisition to allow NUBURU to become a publicly traded company. Upon closing of the transaction, the combined company will be named NUBURU Inc. and expects to be traded under the ticker symbol BURU. The combined company will remain in Centennial, Colo., and will continue to be led by President and CEO Mark Zediker. The business combination values NUBURU at a pre-money enterprise value of approximately $350 million, at a price of $10 per common share. The boards of directors of Tailwind and NUBUR have each unanimously approved the proposed transaction, which is expected to be completed in early 2023, subject to approval by each company’s respective stockholders, expiration of certain diligence periods without termination by Tailwind or Lincoln Park Capital, and satisfaction or waiver of other customary closing conditions. This spring, NUBURU partnered with industrial additive manufacturing company Essentium Inc. to develop and manufacture a blue laser-based metal additive manufacturing platform. The company named a CFO, also this spring, and earlier this year raised $350 million in growth capital and named a vice president of global sales and executive chairman. The going-public transaction is expected to provide gross proceeds of up to approximately $334 million. The transaction positions NUBURU to continue its investment in technology development and to expand its presence across the e-mobility and automotive, energy storage, aerospace, defense, health care, and consumer electronics industries.