Nuburu, Inc.

Snapshot

NUBURU is a micro-cap laser maker pivoting into defense, but the core numbers are dire: FY 2025 revenue was essentially $0, with a $79.1M net loss and negative operating cash flow of $16.1M.

What's Happening Right Now

• Thu 29th Oct '26 · Listing compliance: On Oct 29, 2026, NUBURU regained compliance with NYSE American's continued listing standards tied to a stockholders' deficit, removing the ".BC" indicator, but renewed noncompliance within 12 months could trigger immediate delisting proceedings.
• Wed 28th Oct '26 · Tekne acquisition: NUBURU completed its acquisition of a 70% controlling interest in Italian defense manufacturer Tekne on Oct 15, 2026, citing about $96.8 million of preliminary, unaudited remaining order value, and reported $10.13 million of stockholders' equity as of June 30, 2026.
• Fri 23rd Oct '26 · Dilution registration: NUBURU filed a prospectus registering resale of up to 20 million shares from Series B preferred conversions, a share count that dwarfs its 10.5 million shares outstanding, alongside disclosed going-concern doubt and a $206.7 million accumulated deficit.
• Thu 22nd Oct '26 · Registration: Registered 20.00M shares for sale on Form S-3.
• Mon 19th Oct '26 · NYSE warning letter: NUBURU received a public warning letter from NYSE American on Oct 19, 2026 for failing to timely disclose a September 30 side letter and a note-cancellation deal, putting the company one violation away from immediate suspension and delisting.
• Mon 21st Sep '26 · Restatement: NUBURU filed a 10-Q/A restating Q2 2026 financials for a valuation error on a Tekne note, disclosing a material weakness in internal controls, $726,934 in cash, and continued going-concern doubt.
• Mon 14th Sep '26 · Trading resumed: NUBURU resumed trading on NYSE American on Sep 14, 2026 after its reverse split, with a shareholder letter citing $9.37 million of stockholders' equity, a $38 million July offering, and continued going-concern uncertainty.
• Fri 17th Jul '26 · Offering: Raised $37.99M in gross proceeds through a public offering, with warrants over 3.36M shares.
• Mon 13th Jul '26 · Registration: Registered 11.25M shares for sale on Form S-1.