Nuburu Inc.

07/28/2025 | Press release | Distributed by Public on 07/28/2025 15:10

Failure to Satisfy Listing Rule (Form 8-K)

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On July 22, 2025, the NYSE notified Nuburu, Inc. (the "Company") that it had accepted the Company's plan outlining definitive actions that the Company has taken or will take to regain compliance with NYSE's continued listing standards (the "Compliance Plan") and granted a plan period through October 29, 2026 (the "Plan Period").

As previously reported, on April 29, 2025, received a Notice of Noncompliance (the "Notice") from NYSE Regulation indicating that the Company was not in compliance with Section 1003(a)(i) of the NYSE American Company Guide (the "Company Guide") since it reported stockholders' deficit of $(37.8) million at December 31, 2024 and has had losses in the two most recent fiscal years.

The NYSE will review the Company periodically for compliance with the Compliance Plan. If the Company is not in compliance with the continued listing standards by October 29, 2026, or if the Company does not make progress consistent with the Compliance Plan during the Plan Period, NYSE may initiate delisting proceedings as appropriate. However, the Company may appeal a staff delisting determination in accordance with the Company Guide.

NYSE's acceptance of the Compliance Plan has no immediate effect on the listing or trading of the Company's securities and the Company's common stock will continue to trade on the NYSE American under the symbol "BURU" during the Plan Period with the designation of ".BC" to indicate that the Company is not in compliance with the NYSE American's continued listing standards.

The Company continues to work diligently to regain compliance.

Nuburu Inc. published this content on July 28, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on July 28, 2025 at 21:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]