NUBURU, Inc. (NYSE American: BURU) announced the closing of its previously disclosed $12 million public offering and stated that it anticipates trading on the NYSE American will resume on March 2, 2026, following a 1-for-4.99 reverse stock split. The reverse split is intended to restore compliance with the exchange's minimum trading price requirement. Trading was halted on Feb. 13, 2026, after the company's stock fell below $0.10. Management noted that if the price again drops below that threshold after trading resumes, the shares could be halted and delisted.
According to the press release, the offering included 58,379,137 shares of common stock, 50,711,772 pre-funded warrants, and common warrants exercisable for up to 163,636,364 shares. Joseph Gunnar & Co. LLC acted as the exclusive placement agent. The proceeds from the offering are expected to support NUBURU's strategic transformation from a laser-technology company into a dual-use Defense & Security platform provider.
Founded in 2015, NUBURU is executing a strategic transformation through a combination of proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions. The company aims to address high-value defense, security, and operational-resilience markets. More information is available at www.nuburu.net.
The successful closing of the $12 million offering and the planned resumption of trading are critical for NUBURU to regain compliance and avoid delisting. The reverse stock split and capital infusion provide the company with additional financial flexibility to pursue its strategic goals. Investors will be closely monitoring the stock's performance after trading resumes to assess whether the company can maintain the minimum price requirement.
This announcement underscores the challenges faced by small-cap companies in maintaining exchange listing standards, particularly during periods of market volatility. NUBURU's ability to stabilize its stock price and execute its transformation strategy will be key to its long-term viability and access to public capital markets.
