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NUBURU Expects to Report Positive Stockholders' Equity and Provides NYSE American Listing Compliance Update

BURU
  • NUBURU, Inc. (NYSE: BURU) received a Notice of Noncompliance from NYSE American on April 29, 2025, for failing to maintain $2.0 million in stockholders' equity due to recent losses.
  • On July 22, 2025, NYSE American accepted NUBURU's Compliance Plan, granting a cure period extending through October 29, 2026.
  • A subsequent notice on May 12, 2026, indicated noncompliance with a higher $4.0 million equity threshold because the company reported losses in three of its four most recent fiscal years.
  • NYSE American will not require a new compliance plan for the $4.0 million threshold, allowing NUBURU to continue operating under the previously accepted plan.
  • As of December 31, 2025, the company reported a stockholders' deficit of approximately $15.2 million.
  • Preliminary unaudited data projects stockholders' equity of approximately $3.2 million as of March 31, 2026, representing an $18.4 million improvement from year-end 2025.
  • NUBURU expects to report the $3.2 million equity figure in its Q1 2026 Form 10-Q, which exceeds the initial $2.0 million requirement.
  • The company anticipates demonstrating compliance with the $4.0 million equity requirement in its Q2 2026 Form 10-Q for the quarter ended June 30, 2026.
  • The stock continues to trade on NYSE American under the symbol BURU with a ".BC" designation, indicating non-compliance with listing standards.
  • The NYSE notices do not have an immediate effect on the listing or trading of NUBURU's common stock.