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18 Sep 2025 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
18 September 2025
Supply@ME Capital plc
(The "Company" or "SYME")
Funding update
SYME, the fintech business which provides an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access Inventory Monetisation© ("IM") solutions enabling their businesses to generate cashflow, announces the following update in respect of the US$5,150,000 on-demand convertible funding facility signed on 18 March 2025, and amended on 10 June 2025 and 29 August 2025, with Nuburu Inc., a NYSE listed (NYSE American: BURU) high-tech company of which Alessandro Zamboni, a director of the Company, is Executive Chairman ("BURU") (the "Amended On-Demand Facility").
As set out in the announcement dated 1 September 2025, SYME was due to receive the next tranche under the Amended On-Demand Facility of US$2,000,000 on or before 12 September 2025. However, as set out in the announcement dated 15 September 2025, this amount had not been received as at that date.
The Company is pleased to confirm that this amount of US$2,000,000 was received from BURU on 17 September 2025. The latest communication that the board of directors of SYME has had with BURU, via Alessandro Zamboni, is that BURU currently expects to make the final payment of US$2,198,000 on or before 31 October 2025 in line with the payment schedule included in the Amended On-Demand Facility. The Company will issue further updates as required.
Alessandro Zamboni, the Chief Executive Officer of the Company, is a related party in connection with the Amended On-Demand Facility due to the fact that he is also the Executive Chairman of BURU.
For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of SYME is Alessandro Zamboni, CEO.
Notes
SYME and its operating subsidiaries provide its Platform for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehoused goods waiting to be sold to end-customers or goods that are part of a typical import/export transaction.
Contacts
Albert Ganyushin, Chairman, Supply@ME Capital plc, investors@supplymecapital.com
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