NUBURU Raises $38M in Public Offering, Faces NYSE Delisting

NUBURU (NYSE American: BURU) has successfully closed a best-efforts public offering, raising approximately $38.0 million in gross proceeds. The offering included common stock and/or pre-funded warrants with accompanying Series B Preferred Stock, led by a New York-based single-family office with participation from other accredited investors and family offices. The company plans to use the funds to advance its proposed acquisition of Tekne, repay outstanding debentures, and continue building its integrated Defense & Security platform. This capital infusion is crucial for NUBURU as it seeks to expand its capabilities in defense and security markets.

However, NUBURU also faces a significant challenge: it received notice from NYSE American that it had fallen out of compliance with continued listing requirements after its common stock traded below $0.10 during a trading day. The company intends to appeal the delisting determination and implement a previously approved reverse stock split to regain compliance. This dual narrative of fundraising and delisting risk highlights the volatile nature of the company's stock and the urgency to stabilize its market position.

NUBURU, Inc. is a next-generation dual-use Defense & Security integrated platform company delivering software-orchestrated, hardware-enabled capabilities for defense, security, critical-infrastructure, and digital-resilience markets. Its platform strategy includes directed-energy and non-kinetic effects, electronic warfare and CEMA, defense mobility, and operational-resilience software. For more information, visit www.nuburu.net. The offering was announced via MissionIR, a specialized communications platform that helps enhance visibility for companies in the investment community. MissionIR is part of the Dynamic Brand Portfolio @ IBN, which provides access to a vast network of wire solutions, editorial syndication, press release enhancement, and social media distribution.