NUBURU, Inc. has closed its previously announced $12 million public offering and anticipates trading on the NYSE American to resume on March 2, 2026. The resumption follows a 1-for-4.99 reverse stock split implemented to restore compliance with the exchange's minimum trading price requirement. Trading in the company's shares was halted on February 13, 2026, after the stock price fell below $0.10. Management has noted that if the share price again drops below that threshold after trading resumes, the shares could face another halt 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 acted as the exclusive placement agent for the offering. This capital infusion is a pivotal financial maneuver for NUBURU as it navigates its strategic transformation. Founded in 2015, the company is shifting from a laser-technology focus to becoming a dual-use Defense & Security platform provider. This strategic direction involves leveraging proprietary directed-energy technologies, non-kinetic defense capabilities, mission-critical software, and targeted industrial partnerships and acquisitions to address high-value defense, security, and operational-resilience markets. More information on the company's strategy and offerings can be found at https://www.nuburu.net.
The announcement was disseminated through DefenseWireNews (DWN), a specialized communications platform focusing on defense contractors, aerospace firms, and other mission-critical companies. DWN is part of the Dynamic Brand Portfolio at IBN, which provides services including access to wire solutions via InvestorWire, article syndication to over 5,000 outlets, enhanced press release distribution, and social media distribution to millions of followers. The platform aims to provide clients with broad market recognition. Full terms of use and disclaimers for content provided by DWN are available at https://www.DefenseWireNews.com/Disclaimer.
The financial restructuring and planned return to trading are critical for NUBURU's ability to continue executing its strategic pivot and accessing public capital markets, which are essential for funding its expansion into the defense and security sectors. The success of this effort will determine the company's ongoing listing status and its capacity to pursue growth initiatives in a competitive and capital-intensive industry. The offering provides necessary liquidity to support the company's transition, but it remains contingent on maintaining share price compliance post-resumption. This move underscores the high stakes involved in NUBURU's repositioning within the defense technology landscape, where access to capital is a key determinant of long-term viability and competitive advantage.
