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Stock impact report

Nuburu Inc. Announces Closing of $12 Million Public Offering and Trading on NYSE American to Resume Following Required Reverse Stock Split

Nuburu, Inc. (BURU) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a dual-use Defense & Security platform company, today announced the closing of its previously announced public offering and that it anticipates trading on NYSE American to resume on March 2, 2026.Trading of the Company’s common stock was halted by NYSE American on February 13, 2026, because the trading price dropped below NYSE American’s Minimum Trading Price of $0.10. The Company is conducting a 1-for-4.99 reverse stock split immediately in order to return to compliance with the Minimum Trading Price requirement. Under NYSE American rules, the Company’s ability to conduct another reverse stock split in the near term is restricted. Following the resumption of trading on March 2, to the extent the Company’s stock trades below $0.10, trading in the common stock would be halted, and the Company’s common stock would be delisted by NYSE American, which would significantly affect liquidity in the common stock and the ability o Show less Read more
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