REG - Supply@ME Capital - Funding update

Supply@Me CapitalAnnouncement

Tue 07:00

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RNS Number : 1082O  Supply@ME Capital PLC  24 June 2025

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.

24 June 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, 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 11 June 2025, SYME was due to receive the
next tranche under the Amended On-Demand Facility of US$300,000 on or before
23 June 2025, however as at the date of this announcement this amount has not
been received. The amounts received by the Company from BURU under the Amended
On-Demand Facility as at the date of this announcement total US$650,000.

The latest communication that the board of directors of SYME has had with
BURU, via Alessandro Zamboni, is that BURU has made positive progress towards
obtaining the necessary regulatory approvals including, inter alia, the
effectiveness of the S-1 registration statement filed with the US Securities
and Exchange Commission. Once these regulatory approvals are finalised, this
will allowed BURU to commence its use of the Stand-by Purchase Agreement (the
"SEPA") signed with YA II PN, LTD. (a fund managed by Yorkville Advisors) on
30 May 2025. BURU has indicated that it expects the overdue amount of
US$300,000 will shortly be provided to the Company. Accordingly, the Company
will issue a further update once this has been received, or as otherwise
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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