Nuburu enters $0.8M financing and faces NYSE delisting risk due to negative equity

Nuburu, Inc.

Issued three secured/convertible notes totaling ~$782K in capital (Agile $500K, Diagonal $188K, Boot $94K) with total face value ~$863K.
Diagonal and Boot notes convertible at 25% discount to lowest trading price, 10% interest, maturity Feb 2026.
Received NYSE American notice for non-compliance with $2M stockholders' equity rule; has negative equity and going concern.
Must submit compliance plan by May 29, 2025; compliance deadline Oct 29, 2026; trading symbol adds '.BC' designation.
Diagonal agreed to provide up to $2.275M additional tranches over next 12 months subject to further agreement.

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