Nuburu receives NYSE American warning over disclosure compliance

NEW YORK - NUBURU, Inc. (NYSE American:BURU), a company focused on blue laser technology trading at $0.51 per share with significant volatility, has received a warning letter from NYSE American LLC regarding compliance with exchange disclosure rules, according to a press release statement issued Monday.

The Exchange determined that Nuburu failed to provide required advance notification before releasing material news during trading hours. The warning specifically relates to the company’s October 1 announcement about implementing a dual-CEO structure as part of its transformation plan. The news comes as the company’s stock has shown strong momentum, gaining over 86% in the past week and 173% over six months.

The violation concerns Section 401(a) of the NYSE American Company Guide, which requires listed companies to notify the Exchange before releasing significant news during market hours.

Nuburu acknowledged the Exchange’s concerns in its statement and indicated it is taking steps to improve its procedures for disseminating material information to ensure future compliance with exchange requirements.

The company is publicly disclosing this warning letter in accordance with Section 401(j) of the NYSE American Company Guide.

Founded in 2015, Nuburu has developed industrial blue laser technology and is currently expanding into sectors including defense technology, security, and critical infrastructure resilience under the leadership of Executive Chairman Alessandro Zamboni. According to InvestingPro analysis, the company faces financial challenges with a weak overall health score and negative EBITDA of -$12M in the last twelve months. Subscribers can access 13 additional ProTips and comprehensive financial metrics to better understand BURU’s investment potential.

In other recent news, NUBURU Inc. announced a binding agreement to acquire Orbit S.r.l., an Italian software firm specializing in operational resilience and crisis management. This acquisition will be executed through NUBURU’s subsidiary, Nuburu Defense LLC, in a two-phase transaction valued at $12.5 million. Initially, Nuburu Defense will invest up to $5 million in Orbit’s capital, starting with a $1.5 million advance for a 10.7% stake. The company plans to acquire the remaining equity by December 31, 2026. Additionally, NUBURU has implemented a dual-CEO leadership structure as part of its transformation strategy, appointing Alessandro Zamboni and Dario Barisoni as co-Chief Executive Officers. Zamboni will focus on corporate strategy, financing, and investor relations, while Barisoni will handle business operations and acquisition integration. Furthermore, NUBURU has established Nuburu Defense LLC to pursue acquisitions in electronic warfare and operational resilience markets. The company has also signed a framework agreement with an undisclosed strategic partner to evaluate a potential acquisition aimed at expanding its defense applications business.

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