NUBURU Closes $12 Million Public Offering, Anticipates Trading Resumption Following Reverse Stock Split

NUBURU, Inc. (NYSE American: BURU) has closed its previously announced $12 million public offering and anticipates trading on NYSE American to resume on March 2, 2026. This follows a 1-for-4.99 reverse stock split executed to restore compliance with the exchange's minimum trading price requirement. Trading for the company's shares was halted on February 13, 2026, after the stock price fell below $0.10. Management has indicated that if the share price again drops below this threshold after trading resumes, the shares could face another halt and potential delisting from the exchange.

The public offering consisted of 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 for the transaction. This capital raise is a pivotal step for NUBURU as it undergoes a strategic transformation. Founded in 2015, the company is shifting from its origins as a laser-technology firm to becoming a dual-use Defense & Security platform provider. This strategic pivot aims to address high-value defense, security, and operational-resilience markets through a combination of proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions.

The resumption of trading and the successful closing of the $12 million offering are crucial for providing the company with the financial runway and market credibility necessary to execute this strategic shift. The reverse stock split was a direct response to the trading halt, which was triggered by the stock's decline below the $0.10 minimum bid price required by NYSE American. By consolidating shares to increase the nominal trading price, NUBURU seeks to maintain its listing, which is essential for continued access to public capital markets and investor visibility. The company's future on the exchange remains contingent on maintaining the post-split price above the critical threshold. For more information on the company's strategic direction, visit https://www.nuburu.net. The details of the offering were disclosed in a press release available at https://ibn.fm/WBfNf.

The implications of this announcement are significant for current and potential investors. The $12 million in new capital alleviates immediate financial pressures and funds the company's transition. However, the conditional nature of the trading resumption—hinging on the stock price remaining above $0.10—introduces a layer of risk. A subsequent price drop could lead to another halt and delisting, which would severely impact liquidity and the company's ability to raise future capital. This move underscores the challenges faced by companies undergoing significant strategic pivots while navigating strict exchange compliance rules. The success of NUBURU's transformation into a defense and security platform now heavily depends on both the effective deployment of this new capital and its ability to sustain investor confidence to meet ongoing listing standards.