NUBURU, Inc. (NYSE American: BURU) announced the closing of its previously disclosed $12 million public offering, which included the sale of common stock, pre-funded warrants, and common warrants. The company also stated that it anticipates the resumption of trading on the NYSE American on March 2, 2026, following a 1-for-4.99 reverse stock split designed 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 per share. Management cautioned that if the price again drops below that threshold after trading resumes, the shares could be halted and potentially delisted.
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 served as the exclusive placement agent for the offering. The completion of this offering provides NUBURU with a capital infusion that is critical for its ongoing operations and strategic transformation from a laser-technology company into a dual-use Defense & Security platform provider. According to the company, it focuses on proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions to address high-value defense, security, and operational-resilience markets.
This development is significant because it highlights NUBURU's efforts to maintain its listing on the NYSE American and secure necessary funding. The reverse stock split and public offering are measures to avoid delisting, which could have severe consequences for the company's access to capital markets and investor confidence. The success of this offering may provide the financial runway needed for NUBURU to execute its business plan and pursue growth opportunities in the defense sector. However, the company remains at risk if its stock price fails to sustain above the minimum threshold. Investors should monitor the stock's performance closely after trading resumes. For more details, the full press release is available at https://ibn.fm/WBfNf.
NUBURU, founded in 2015, is undergoing a strategic transformation to become a platform provider in defense and security. The company's technologies and partnerships aim to serve markets that are increasingly relevant given global security concerns. The closing of this offering represents a step forward in its transformation, but the company must demonstrate sustained compliance with exchange requirements to ensure its continued presence on the NYSE American. Additional information about NUBURU can be found on its website at www.nuburu.net.
