---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-227202"
form_type: "8-K"
ticker: "BURU"
cik: "0001814215"
company_name: "Nuburu, Inc."
filed_at: "2026-05-15T21:10:15+00:00"
generated_at: "2026-05-15T21:13:10.352066+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nuburu faces second NYSE noncompliance notice; swaps Series A for warrants to 4.4M shares

## Summary
- Received NYSE American notice on May 12, 2026 for stockholders' equity below $4M (Section 1003(a)(ii)); existing compliance plan continues through Oct 29, 2026.
- Stockholders' deficit ~$15.2M as of Dec 31, 2025; historical net losses cited.
- Entered Exchange Agreement with Indigo Capital to exchange up to 446,946 Series A Preferred shares for pre-funded warrants.
- Initial closing: 71,430 Series A shares swapped for warrant exercisable for up to 4,398,399 common shares at $0.0001 exercise price.
- Warrant price based on 30% discount to VWAP; 4.99% beneficial ownership cap; warrant expires May 11, 2029.

## SEC filing metadata
- accession: 0001193125-26-227202
- form_type: 8-K
- ticker: BURU
- cik: 0001814215
- company_name: Nuburu, Inc.
- filed_at: 2026-05-15T21:10:15+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814215/000119312526227202/0001193125-26-227202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814215/000119312526227202/buru-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-227202
- JSON: https://secwatch.observer/filing/0001193125-26-227202.json
- Plain text: https://secwatch.observer/filing/0001193125-26-227202.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.