BURU$0.2464-2.42%
Nuburu, Inc.
Sector: Miscellaneous Electrical Machinery, Equipment & SuppliesIndustry: Industrial - MachineryCountry: USExchange: NYSE
Mkt Cap:$2.59M
Float & O/S:
Inst Own:
DilutionScan read 42 of Nuburu, Inc.'s SEC filings and found 21 warrant series, 13 convertibles, 1 equity line, 2 shelf registrations, 10 S-1 registrations and 6 completed offerings on file for BURU. The latest dilution event on file is a registration statement on Oct 22, 2026. Analysis updated Oct 24, 2026.
Signal8 Summary
BURU
Going-concern warning, severe dilution overhang
- Business
- Weak$0 FY25 revenue, $79.1M net loss, going concern doubt
- Stock risk
- High3 reverse splits, 787% potential dilution, 3.7-month runway
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
- : 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.
- : 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.
- : 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.
- : Registered 20.00M shares for sale on Form S-3.
- : 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.
- : 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.
- : 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.
- : Raised $37.99M in gross proceeds through a public offering, with warrants over 3.36M shares.
- : Registered 11.25M shares for sale on Form S-1.
