NUBURU, Inc. (NYSE American: BURU) announced the closing of its previously disclosed $12 million public offering, which included shares of common stock, pre-funded warrants, and common warrants. The company also stated that it expects trading on the NYSE American to resume on March 2, 2026, after implementing a 1-for-4.99 reverse stock split designed to restore compliance with the exchange's minimum bid price requirement.
Trading in NUBURU's shares was halted on Feb. 13, 2026, after the stock fell below $0.10 per share. According to management, if the share price again drops below that threshold after trading resumes, the shares could face further suspension 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 served as the exclusive placement agent for the offering. More details can be found in the full press release at https://ibn.fm/WBfNf.
The capital infusion comes at a critical time for NUBURU, which is pivoting from a laser-technology company into a dual-use defense and security platform provider. Founded in 2015, the company is focusing on proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and strategic industrial partnerships and acquisitions. This transformation targets high-value markets in defense, security, and operational resilience. Additional information about NUBURU's strategy and operations is available at www.nuburu.net.
The successful closing of the offering and the planned reverse stock split are significant steps for NUBURU as it seeks to stabilize its stock price and maintain its listing on the NYSE American. The reverse split consolidates shares, which typically supports a higher per-share price, but it does not change the company's underlying market capitalization. Investors will be watching closely to see if the stock can sustain trading above $0.10 and avoid further regulatory challenges.
NUBURU's ability to execute its strategic transformation and deliver on its defense-focused initiatives will be key to long-term shareholder value. The company's shift toward directed-energy and non-kinetic defense systems positions it in a niche area with potential government and military contracts. However, the recent price volatility and reliance on reverse splits highlight the financial risks involved. The next few months will be crucial for NUBURU as it resumes trading and works to demonstrate progress in its business plan.
