NUBURU Announces NYSE American Removal of Trading Suspension
NUBURU, Inc. (OTC: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, has announced that NYSE American has resolved the company's continued listing deficiency related to low selling price. As a result, NYSE Regulation has withdrawn its delisting determination and will lift the trading suspension on NUBURU's common stock. Trading will resume on NYSE American on Friday, August 2, 2024, under the symbol 'BURU' and CUSIP '67021W301'. This development marks a significant turnaround for NUBURU, addressing concerns about its listing status and potentially improving its market visibility and liquidity.
NUBURU, Inc. (OTC: BURU), un innovatore leader nella tecnologia laser blu industriale ad alta potenza e luminosità, ha annunciato che NYSE American ha risolto la carenza di continuazione della quotazione della società legata al basso prezzo di vendita. Di conseguenza, la NYSE Regulation ha ritirato la decisione di delisting e solleverà la sospensione delle negoziazioni sulle azioni ordinarie di NUBURU. Le contrattazioni riprenderanno su NYSE American venerdì 2 agosto 2024, con il simbolo 'BURU' e CUSIP '67021W301'. Questo sviluppo segna un significativo cambiamento per NUBURU, affrontando le preoccupazioni relative allo stato di quotazione e migliorando potenzialmente la sua visibilità di mercato e liquidità.
NUBURU, Inc. (OTC: BURU), un líder innovador en tecnología láser azul industrial de alta potencia y alto brillo, ha anunciado que NYSE American ha resuelto la deficiencia de continuidad de la cotización de la compañía relacionada con el bajo precio de venta. Como resultado, la Regulación de NYSE ha retirado su decisión de deslistado y levantarán la suspensión de negociación sobre las acciones ordinarias de NUBURU. La negociación se reanudará en NYSE American el viernes 2 de agosto de 2024, bajo el símbolo 'BURU' y CUSIP '67021W301'. Este desarrollo marca un cambio significativo para NUBURU, abordando las preocupaciones sobre su estado de cotización y mejorando potencialmente su visibilidad y liquidez en el mercado.
NUBURU, Inc. (OTC: BURU), 산업용 고출력 및 고휘도 블루 레이저 기술의 선도적인 혁신 기업이 NYSE American이 저가 매매와 관련된 회사의 지속적인 상장 결함을 해결했다고 발표했습니다. 그 결과, NYSE 규제는 상장 폐지 결정을 철회했으며, NUBURU의 보통주 거래 중지를 해제할 것입니다. 거래는 2024년 8월 2일 금요일에 NYSE American에서 'BURU' 기호 및 CUSIP '67021W301' 하에 재개될 것입니다. 이 발전은 NUBURU에 중대한 전환점을 의미하며, 상장 상태에 대한 우려를 해소하고 잠재적으로 시장 시각성과 유동성을 개선할 수 있습니다.
NUBURU, Inc. (OTC: BURU), un innovateur de premier plan dans la technologie laser bleu industriel à haute puissance et à haute luminosité, a annoncé que NYSE American a résolu le problème de non-conformité lié à un faible prix de vente. En conséquence, la régulation de la NYSE a retiré sa décision de radié et levèra la suspension de négociation sur les actions ordinaires de NUBURU. La négociation reprendra sur NYSE American le vendredi 2 août 2024, sous le symbole 'BURU' et CUSIP '67021W301'. Ce développement marque un tournant significatif pour NUBURU, répondant aux préoccupations concernant son statut de cotation et améliorant potentiellement sa visibilité et sa liquidité sur le marché.
NUBURU, Inc. (OTC: BURU), ein führender Innovator im Bereich der Hochleistungs- und Hochhelligkeits-Industrielasertechnologie in Blau, hat bekanntgegeben, dass die NYSE American die fortgesetzte Notierungsdefizienz des Unternehmens aufgrund des niedrigen Verkaufspreises behoben hat. Infolgedessen hat die NYSE-Regulierung ihre Abmeldungsbestimmung zurückgezogen und wird die Handelsaussetzung der Stammaktien von NUBURU aufheben. Der Handel wird am Freitag, dem 2. August 2024, unter dem Symbol 'BURU' und CUSIP '67021W301' wieder aufgenommen. Diese Entwicklung stellt eine bedeutende Wende für NUBURU dar, da sie Bedenken hinsichtlich des Notierungsstatus anspricht und potenziell die Sichtbarkeit und Liquidität auf dem Markt verbessert.
- Delisting determination withdrawn by NYSE American
- Trading suspension to be lifted on August 2, 2024
- Resumption of trading on NYSE American under symbol 'BURU'
- Resolution of continued listing deficiency related to low selling price
- None.
About NUBURU
Founded in 2015, NUBURU, Inc. (OTC: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum, and other industrially essential metals. NUBURU's industrial blue lasers produce minimal to defect-free welds up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.NUBURU.net.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including relating to its partnership with GE Additive. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things: anticipated benefits associated with laser-based additive manufacturing. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the Company's actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to meet security exchange listing standards and regain listed status; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated, whether from Lincoln Park Capital Fund, LLC or other sources; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in NUBURU's most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
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Investor Contact Info:
NUBURU, Inc.
ir@nuburu.net
(720) 767-1400
Source: NUBURU, Inc.
FAQ
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