Nuburu, Inc. (BURU): Nasdaq/NYSE listing notice — Nuburu receives NYSE American low-price delisting notice; must cure by June 28, 2024

Nuburu, Inc.

NYSE American notified Nuburu on Dec 28, 2023 that stock is noncompliant under Section 1003(f)(v) for sustained low price.
Company has until June 28, 2024 to demonstrate sustained price improvement or face delisting proceedings.
Nuburu will consider a reverse stock split if common stock does not trade at a consistent level to regain compliance.
Notice does not immediately affect listing; stock continues trading on NYSE American under symbol BURU with ".BC" designation.
Company's business, operations and SEC reporting obligations remain unaffected by the notice.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Nuburu, Inc. received a nyse_american deficiency notice notice regarding minimum bid price (rules 1003(f)(v)).

Exchange: nyse american
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 1003(f)(v)

Exact text from the filing

December 28, 2023, Nuburu, Inc. (the “Company”) received notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”) because the shares of the Company’s common stock have been selling for a low price per share for a substantial period of time. The Notice has no immediate effect on the listing or trading of the Company’s securities and the Company’s common stock will continue to trade on the NYSE American under t

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Nuburu, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-001927

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