NUBURU, Inc. (NYSE American: BURU) announced the closing of its previously announced $12 million public offering and said it anticipates trading on NYSE American to resume March 2, 2026, following a 1-for-4.99 reverse stock split intended to restore compliance with the exchange minimum trading price requirement. Trading was halted Feb. 13, 2026, after the company stock fell below $0.10, and management noted that if the price again drops below that threshold after trading resumes, the shares could be halted and delisted.
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, with Joseph Gunnar & Co. LLC acting as exclusive placement agent. The capital raise provides NUBURU with financial flexibility as it continues its 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, addressing high-value defense, security, and operational-resilience markets. The company's ability to resume trading and maintain NYSE American listing is critical for investor confidence and access to capital markets.
Investors should note that the reverse stock split and offering are part of broader efforts to stabilize the stock price and meet exchange requirements. The company's future performance will depend on its ability to execute its defense-focused strategy and generate revenue from its technologies. For more details, the full press release is available at https://ibn.fm/WBfNf.
NUBURU's transformation into a defense and security platform comes at a time when global defense spending is increasing, and directed-energy technologies are gaining traction for applications such as counter-drone systems and force protection. The company's proprietary technologies could position it to capture market share in these growing segments.
The success of the offering and the ability to resume trading are positive signals, but the company still faces risks, including potential future price declines and the need to demonstrate operational progress. Investors are advised to monitor NUBURU's upcoming financial reports and strategic announcements. Additional information about the company is available at https://www.nuburu.net.
