NUBURU, Inc. (NYSE American: BURU) has closed a $12 million public offering and anticipates its common stock will resume trading on the NYSE American on March 2, 2026. The resumption follows a planned 1-for-4.99 reverse stock split, a move designed to restore the company's compliance with the exchange's minimum trading price requirement. Trading for NUBURU shares was halted on February 13, 2026, after the stock price fell below $0.10.
The company's management has indicated that if the share price again drops below the $0.10 threshold after trading resumes, the stock could face another halt and potential delisting from the exchange. This underscores the critical nature of the reverse split and the offering in stabilizing the company's market position and maintaining its public listing status.
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. The capital infusion is a significant financial development for NUBURU as it navigates its strategic transformation.
Founded in 2015, NUBURU is undergoing a strategic shift from a laser-technology company to a dual-use Defense & Security platform provider. The company 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. More information about the company's direction can be found at https://www.nuburu.net.
The financial restructuring and strategic pivot have broader implications for investors and the defense technology sector. For shareholders, the reverse split and new capital aim to provide a more stable trading environment and fund the company's strategic initiatives. For the industry, NUBURU's focus on directed-energy and non-kinetic defense represents a growing segment within national security and resilience planning. The success of this transition could influence investment trends in dual-use technologies that serve both commercial and government applications.
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