Item 7.01. Regulation FD Disclosure.
Furnished as Exhibit 99.1 hereto and incorporated
into this Item 7.01 by reference is the press release that TWND, issued on October 7, 2022.
The foregoing (including Exhibit 99.1) is being
furnished pursuant to Item 7.01 and will not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor will they be deemed
to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”),
or the Exchange Act.
Caution Regarding Forward-Looking Statements
This
current report contains certain “forward-looking statements” within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and
Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All
statements other than statements of historical fact contained in this current report, including statements as to the listing of TWND
and the filing of periodic reports and other information, are forward-looking statements. Some of these forward-looking statements
can be identified by the use of forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,”
“predict,” “plan,” “targets,” “projects,” “could,” “would,”
“continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All
forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon
estimates, forecasts and assumptions that, while considered reasonable by TWND and its management, and Nuburu, Inc.
(“NUBURU”) and its management, as the case may be, are inherently uncertain and many factors may cause the actual
results to differ materially from current expectations which include, but are not limited to: (1) the occurrence of any event,
change or other circumstances that could give rise to the termination of the business combination agreement with respect to the
business combination; (2) the outcome of any legal proceedings that may be instituted against NUBURU, TWND, the combined
company or others following the announcement of the business combination and any definitive agreements with respect thereto;
(3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of TWND or the
stockholders of NUBURU, or to satisfy other closing conditions of the business combination; (4) changes to the proposed
structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a
condition to obtaining regulatory approval of the business combination; (5) the ability to meet the listing standards of NYSE
American or another securities exchange following the consummation of the business combination; (6) the risk that the business
combination disrupts current plans and operations of NUBURU as a result of the announcement and consummation of the business
combination; (7) the inability to recognize the anticipated benefits of the business combination, which may be affected by,
among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships
with customers and suppliers and retain its management and key employees; (8) costs related to the business combination;
(9) changes in applicable laws or regulations; (10) the possibility that NUBURU or the combined company may be adversely
affected by other economic, business and/or competitive factors; (11) the inability to obtain financing from Lincoln Park Capital;
(12) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price
of TWND’s securities; (13) the risk that the transaction may not be completed by TWND’s business combination deadline
and the potential failure to obtain an extension of the business combination deadline if sought by TWND; (14) the impact of the
COVID-19 pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; (15) volatility
in the markets caused by geopolitical and economic factors; and (16) other risks and uncertainties set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in TWND’s
Form S-1 (File No. 333-248113), Quarterly Report on Form 10-Q for the period ended June 30, 2022 and
registration statement on Form S-4 (File No. 333-267403) that TWND filed with the SEC on September 13, 2022, which
includes a document that will serve as a prospectus and proxy statement of TWND, referred to as a proxy statement/prospectus and
other documents filed by TWND from time to time with the SEC. These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking
statements. Nothing in this current report should be regarded as a representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither TWND nor
NUBURU gives any assurance that either TWND or NUBURU or the combined company will achieve its expected results. Neither TWND nor
NUBURU undertakes any duty to update these forward-looking statements, except as otherwise required by law.
Important Information and Where to Find It
This current report relates to a proposed transaction
between TWND and NUBURU. TWND filed a registration statement on Form S-4 with the SEC on September 13, 2022, which includes
a document that will serve as a prospectus and proxy statement of TWND (the “Business Combination Proxy Statement”). The Business
Combination Proxy Statement will be sent to all TWND stockholders. TWND also will file other documents regarding the proposed transaction
with the SEC.
Before making any voting decision, investors
and security holders of TWND are urged to read the registration statement, the Business Combination Proxy Statement and all other relevant
documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will
contain important information about the proposed transaction.
Investors and security holders will be able to
obtain free copies of the registration statement, the Business Combination Proxy Statement and all other relevant documents filed or that
will be filed with the SEC by TWND through the website maintained by the SEC at www.sec.gov. The documents filed by TWND with the SEC
also may be obtained free of charge upon written request Tailwind Acquisition Corp., 1545 Courtney Avenue, Los Angeles, CA 90046.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY
AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS CURRENT REPORT, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS
COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS CURRENT REPORT. ANY REPRESENTATION
TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Learn more at https://twnd.tailwindacquisition.com/.
Participants in Solicitation
TWND and NUBURU and their respective directors
and executive officers may be deemed to be participants in the solicitation of proxies from TWND’s stockholders in connection with
the proposed transactions. TWND’s stockholders and other interested persons may obtain, without charge, more detailed information
regarding the directors and executive officers of TWND listed in TWND’s registration statement on Form S-4, which is expected to
be filed by TWND with the SEC in connection with the business combination. Information regarding the persons who may, under SEC rules,
be deemed participants in the solicitation of proxies to TWND’s stockholders in connection with the proposed business combination
will be set forth in the proxy statement/prospectus on Form S-4 for the proposed business combination, which is expected to be filed by
TWND with the SEC in connection with the business combination.
No Offer or Solicitation
This current report is not intended to and does
not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval,
nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means
of a prospectus meeting the requirements of Section 10 of the Securities Act.
