other material
confidence high
sentiment negative
materiality 0.80
Nuburu effects 1-for-40 reverse split; faces NYSE American delisting appeal
Nuburu, Inc.
- Reverse split effective Sept 1, 2026; shares cut from ~370.5M to ~9.26M.
- NYSE American suspended trading July 17, 2026; delisting hearing set for Sept 10, 2026.
- Stock trades on OTC since July 20; temporary symbol BURUD for 20 business days.
- New CUSIP 67201W509; par value and authorized shares unchanged.
- No assurance of compliance; if delisting stands, OTC trading continues with reduced liquidity.