DipNuke
$BURU 🚀 This is the update shareholders have been waiting for! Tekne is CLOSED — BURU now controls 70% of an established Italian defence manufacturer with 185 staff, 3 facilities and real customers. This isn’t a concept stock anymore — it’s an OPERATING defence platform! 🇮🇹🇺🇸
The chairman has now clarified the Oct 15 S-3: NO NEW CAPITAL RAISE and NO NEW conversion rights created. Crucial distinction! Tekne has a preliminary $93.1M programme portfolio, with $200M+ of potential contract reactivations — opportunities, not guaranteed orders. 💥
Even more interesting? SYME is explicitly part of the working-capital strategy, potentially unlocking inventory/receivables finance WITHOUT fresh equity dilution. With reported $10.13M equity at June 30 and NYSE compliance confirmation pending, we have multiple catalysts ahead.
Existing Series B dilution remains a risk, but the operating story just took a MASSIVE step forward. DYOR! 🔥 #BURU #TEKNE #SYME
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