Nuburu (BURU) Stock News

NUBURU (BURU) implemented a 1-for-40 reverse stock split effective at 4:30 p.m. Eastern Time on September 1, 2026, and its common stock is expected to begin split-adjusted trading on the OTC Pink Market under the temporary symbol BURUD on September 2, 2026.

The “D” suffix is expected to remain for 20 business days before reverting to “BURU.” The reverse split is described as a mechanical change undertaken to address price-related considerations in NUBURU’s pending NYSE American appeal and does not itself alter proportional ownership or create economic value. NUBURU’s stock remains listed on NYSE American, but trading there is suspended pending the outcome of the appeal, with no assurance of resumption.

NUBURU is progressing toward acquiring a 70% controlling interest in Tekne S.p.A., targeting closing in the first half of October 2026, subject to remaining conditions, after Italian Golden Power authorization on August 5, 2026. Tekne management’s preliminary, unaudited review indicated approximately $135.4 million in adjusted active remaining order value for 100% of Tekne, which is not GAAP, revenue, guidance or guaranteed cash but is presented as an operating benchmark. NUBURU plans to use Tekne and NUBURU Defense Italy as part of a unified dual-use Defense & Security platform and highlights execution on contracts, revenue, cash and capital discipline as key shareholder yardsticks.

NUBURU (OTC Pink: BURU) reported further progress toward closing its proposed acquisition of a 70% controlling interest in Tekne S.p.A., now expected to complete in the first half of October 2026, following Italian Golden Power authorization on August 5, 2026 and ongoing corporate, governance and NUBURU Defense Italy S.r.l. setup work.

According to NUBURU, Tekne management’s preliminary, unaudited portfolio review identified about $148.0 million in remaining value under active orders and approximately $135.4 million in adjusted active remaining order value after excluding roughly $12.6 million with elevated cancellation risk. NUBURU also outlined its multi-layer Defense & Security platform roadmap, including Orbit, Lyocon, Tekne and Maddox Defense, plus the creation of NUBURU Defense Italy, recruitment of a Chief Platform Officer and a planned Platform Integration and Software Factory to orchestrate technology integration and mission-package productization.

NUBURU (OTC Pink: BURU) approved a 1-for-40 reverse stock split of its common stock, expected to become effective at 4:30 p.m. ET on September 1, 2026, with split‑adjusted trading on the OTC Pink Market beginning September 2, 2026 under temporary symbol BURUD for 20 business days.

The split will reduce issued and outstanding shares from about 370.5 million to about 9.26 million, with no fractional shares issued and no change to par value or authorized share counts. NUBURU aims to raise its per‑share price to address NYSE American’s low‑selling‑price rules and support its pending appeal of the July 2026 trading suspension and delisting proceedings, though any resumption of NYSE American trading remains subject to exchange authorization and is not assured.

NUBURU (OTC Pink: BURU) reported its second consecutive quarter of positive stockholders’ equity and detailed recent financing, balance-sheet progress, the Tekne acquisition process, and its NYSE American appeal. A July 17 best-efforts offering generated approximately $38.0 million gross proceeds, leaving about $18.74 million after fees and debt repayment, and eliminating roughly $16.75 million of principal obligations on the YA debenture and Lyocon notes.

For Q2 2026, NUBURU recorded revenue of $524,927 versus no revenue a year earlier; first-half 2026 revenue was $932,571. As of June 30, 2026, total assets were $68.36 million and stockholders’ equity was positive at $9.37 million, exceeding the $4.0 million NYSE American equity threshold cited in May. The company obtained Italian Golden Power authorization for its proposed acquisition of 70% of Tekne, which has about $108.7 million of normalized residual signed-order value, subject to validation and risks. NUBURU is appealing the NYSE American suspension based on low share price, with a Listings Qualifications Panel hearing scheduled in September, while advancing integration of Orbit, Lyocon, Tekne and its Maddox Defense joint venture into a unified Defense & Security platform.

NUBURU (OTC Pink: BURU) received Italian Golden Power authorization for its planned acquisition by NUBURU Defense LLC of a 70% controlling interest in defense engineering company Tekne S.p.A.. The clearance is the principal governmental condition under the binding Share Purchase and Investment Agreement signed on May 26, 2026.

The agreement targets closing within 30 days of this condition being satisfied, subject to remaining corporate, funding, governance and closing actions. Based on a fixed euro pre-money valuation equivalent to approximately $59.7 million, NUBURU plans to reach 70% ownership via a capital increase equivalent to about $34.1 million, its existing 2.9% stake, and an additional cash purchase equivalent to about $6.0 million. Tekne’s May 2026 Business Plan, prepared under the Investment Agreement framework, contemplates approximately $648.0 million of cumulative planned 2026–2030 value of production under Italian GAAP, while updated management materials indicate an order portfolio with approximately $108.7 million of normalized residual signed-order value, both subject to important caveats and not constituting NUBURU guidance.

NUBURU (OTC Pink: BURU) repaid in full the approximately $15.5 million remaining principal on its December 2025 debenture and the entire $1.25 million of subordinated convertible notes from the Lyocon acquisition, extinguishing about $16.75 million of principal obligations shortly after closing a $38.0 million public offering.

According to NUBURU, the debenture repayment removes recurring monthly amortization and the obligation to use equity-line proceeds for debt service, simplifying its capital structure. Remaining net proceeds are intended to support Golden Power financial-assurance requirements and the proposed acquisition of a 70% controlling interest in Tekne, as well as Defense & Security platform execution. NUBURU’s stock continues trading on OTC Pink while NYSE American trading is suspended; the company plans to seek review of the NYSE Regulation determination and aims to regain compliance, with timing and outcome uncertain.

NUBURU (NYSE American: BURU) closed its previously announced best-efforts public offering, raising approximately $38.0 million in gross proceeds. The deal comprised about 244.4 million common shares and/or pre-funded warrants plus accompanying Series B preferred shares, at a combined price of $0.1555 per share unit or $0.1554 per pre-funded warrant unit, a roughly 30% premium to the July 15, 2026 closing price.

According to NUBURU, the financing is intended to support the proposed Tekne acquisition and repayment of an outstanding debenture. The company also disclosed that NYSE American has begun delisting proceedings after the stock traded below $0.10, and NUBURU plans to appeal and execute a reverse stock split, already approved by stockholders, to regain compliance.

NUBURU (NYSE American: BURU) priced a best-efforts public offering expected to raise approximately $38.0 million in gross proceeds, before fees and expenses. The deal covers an aggregate of 244,372,984 shares of common stock and/or pre-funded warrants, each paired with accompanying shares of Series B Preferred Stock.

The combined public offering price is $0.1555 per common share unit and $0.1554 per pre-funded warrant unit, reflecting a roughly 30% premium to the $0.1199 closing share price on July 15, 2026. According to NUBURU, net proceeds are intended to support the proposed acquisition of a 70% controlling interest in Tekne by meeting Italian Golden Power financial-assurance requirements, redeem about $15.5 million of a December 2025 debenture and $1.25 million of Lyocon-related convertible notes, halt equity-line usage for at least 90 days, and fund acquisition, working-capital and near-term Defense & Security platform needs. Closing is expected around July 16, 2026, subject to customary conditions.

NUBURU (NYSE American: BURU) has commenced a proposed best-efforts public offering of up to $38.0 million of securities, pursuant to a Form S-1 filed with the SEC. The offering is expected to be priced at $0.1555 per share, a 5% premium to the July 10, 2026 closing price, and remains subject to market conditions, final pricing and effectiveness of the registration statement.

If completed and fully subscribed, NUBURU intends to use net proceeds to: satisfy Italian Golden Power financial assurance requirements and position the company to complete its proposed acquisition of a 70% controlling interest in Tekne S.p.A.; redeem approximately $15.5 million of debenture principal and $1.25 million of Lyocon-related convertible notes; end monthly equity-line share issuances used to service the debenture; add primary equity capital to strengthen stockholders’ equity and pro forma tangible book value in support of NYSE American continued-listing efforts; and fund near-term acquisition, working capital and platform execution needs, enabling a halt of equity-line use for at least 90 days, subject to completion and sufficient proceeds.