secwatch.observer — SEC 8-K summary
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Issuer:     Nuburu, Inc. (BURU)
CIK:        0001814215
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0000950170-24-001927
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuburu receives NYSE American low-price delisting notice; must cure by June 28, 2024
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814215/000095017024001927/0000950170-24-001927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814215/000095017024001927/buru-20231228.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-001927

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