Nuburu, Inc. Implements 1-for-40 Reverse Stock Split to Seek NYSE Compliance

What Happened

• Nuburu, Inc. announced a 1-for-40 reverse stock split of its common stock that became effective on September 1, 2026. The company expects its common stock to trade on the OTC Market on a split-adjusted basis beginning at the open of trading on September 2, 2026. The reverse split was enacted to try to regain compliance with NYSE American’s minimum $0.10 trading price requirement after trading was suspended and delisting proceedings were initiated on July 17, 2026; an appeal hearing is scheduled for September 10, 2026.

Key Details

• Reverse split ratio: 1-for-40, effective September 1, 2026.
• Estimated share count post-split: reduced from ~370,493,812 shares to ~9,262,345 shares (subject to pre-effective issuances and fractional-share treatment).
• No fractional shares will be issued; fractional interests will be handled per the company’s procedures.
• Temporary trading symbol: FINRA will append “D” and the stock is expected to trade as “BURUD” for 20 business days, then revert to “BURU.” New CUSIP assigned: 67201W509.
• Corporate capital structure unchanged: par value remains $0.0001; authorized shares remain 900,000,000 common and 50,000,000 preferred. Outstanding convertible/exercisable securities and equity awards will be adjusted as required.

Why It Matters

• For investors, the reverse split changes the number of shares outstanding and the per-share arithmetic but does not materially change each holder’s percentage ownership (except for immaterial differences from fractional-share treatment). The company implemented the split to try to meet NYSE American’s minimum price requirement and reverse a delisting action, but the filing makes clear there is no assurance the split will produce a sustained price increase, reverse the delisting, or restore NYSE American trading. If trading remains on the OTC Market, the company warns this could reduce liquidity, investor interest and potentially its ability to raise financing.