NUBURU, Inc. (NYSE American: BURU) has closed its previously announced $12 million public offering and anticipates trading on the NYSE American to resume on March 2, 2026. This follows a 1-for-4.99 reverse stock split implemented to restore compliance with the exchange's minimum trading price requirement. Trading in NUBURU shares was halted on February 13, 2026, after the stock price fell below $0.10. Company management noted that if the share price again drops below that threshold after trading resumes, the shares could face another halt and potential delisting.
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 successful closure of this offering provides NUBURU with essential capital as it navigates a critical period for its listing status and strategic direction.
This financial maneuver is a pivotal component of NUBURU's broader corporate evolution. Founded in 2015, the company is executing a strategic transformation from a laser-technology firm into a dual-use Defense & Security platform provider. According to its corporate profile, this shift involves leveraging proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions. The company aims to address high-value defense, security, and operational-resilience markets. More information on the company's strategy and operations can be found at https://www.nuburu.net.
The implications of this announcement are significant for investors and the defense technology sector. The resumption of trading, contingent on maintaining the post-split share price above $0.10, removes immediate delisting risks and restores liquidity for shareholders. The $12 million in raised capital strengthens NUBURU's balance sheet, providing resources to fund its strategic pivot into defense and security platforms. This transition aligns with growing global demand for advanced, non-kinetic defense solutions and operational resilience technologies. For the industry, NUBURU's move exemplifies how specialized technology firms are adapting to capitalize on government and defense sector opportunities, potentially reshaping competitive landscapes. The company's ability to secure funding despite recent trading challenges may also signal investor confidence in its revised business model and long-term prospects in the defense market.
