Business Wire

NUBURU Announces 1-for-40 Reverse Stock Split to Support Return to Trading on NYSE American

Business Wire

Corporate action is intended to address NYSE American's prohibition on trading prices below $0.10 and support the Company's request for trading to resume

DENVER, August 31, 2026--NUBURU, Inc. (OTC Pink: BURU), a next-generation dual-use Defense & Security integrated platform company, today announced that its Board of Directors has approved the implementation of a 1-for-40 reverse stock split of the Company's common stock (the "Reverse Split"), pursuant to the authority previously approved by NUBURU stockholders.

The Reverse Split is expected to become effective at 4:30 p.m. Eastern Time on September 1, 2026, which will also be the record date for the Reverse Split, subject to completion of the applicable corporate-action and market-processing steps. The Company expects its common stock to begin trading on a split-adjusted basis on the OTC Pink Market at the commencement of trading on September 2, 2026. In connection with the Reverse Split, FINRA will append the letter "D" to the Company's trading symbol, and the common stock is expected to trade under the temporary symbol "BURUD" for 20 business days beginning on the date the Reverse Split becomes market effective. Following that period, the "D" will be removed and the common stock will resume trading under the symbol "BURU." The common stock will be assigned a new CUSIP number, 67201W509, in connection with the Reverse Split.

Information for Stockholders

At the effective time, every 40 issued and outstanding shares of NUBURU common stock will automatically be combined into one share of common stock. The Reverse Split is expected to reduce the number of issued and outstanding shares from approximately 370,493,812 shares to approximately 9,262,345 shares, subject to issuances, exercises or conversions before the effective time and the treatment of fractional shares. No fractional shares will be issued. The Reverse Split will apply uniformly to all holders of the Company's common stock and will not alter any stockholder's percentage ownership or proportional voting power, except for immaterial differences resulting from the treatment of fractional shares.

The Reverse Split will not change the $0.0001 par value of the common stock or preferred stock. The Company will remain authorized to issue 900,000,000 shares of common stock and 50,000,000 shares of preferred stock. Adjustments will be made, in accordance with their respective terms, to outstanding equity awards and securities exercisable, exchangeable or convertible into shares of common stock.