NUBURU, Inc. (NYSE American: BURU) has announced the closing of its previously disclosed $12 million public offering, which includes shares and warrants, and anticipates the resumption of trading on the NYSE American on March 2, 2026. The company executed a 1-for-4.99 reverse stock split intended to restore compliance with the exchange's minimum bid price requirement. Trading was halted on February 13, 2026, after the stock fell below $0.10 per share.
The offering consisted of 58,379,137 shares of common stock, along with pre-funded warrants to purchase 50,711,772 shares and common warrants exercisable for up to 163,636,364 shares. Joseph Gunnar & Co. LLC served as the exclusive placement agent. The company noted that if the stock price again falls below $0.10 after trading resumes, shares could be halted and potentially delisted.
Founded in 2015, NUBURU is transitioning from a laser-technology company into a dual-use defense and security platform provider. The company focuses on proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions, addressing high-value defense, security, and operational-resilience markets. For more information, visit www.nuburu.net.
The full press release is available at https://ibn.fm/WBfNf.
