NUBURU, Inc.: NUBURU Announces 1-for-40 Reverse Stock Split to Support Return to Trading on NYSE American
NUBURU, Inc. (OTC Pink: BURU) announced a 1-for-40 reverse stock split to meet NYSE American's trading price requirements. The split, effective September 1, 2026, will reduce shares from 370.5M to 9.3M. Trading will resume under 'BURUD' for 20 days. The company aims to resume trading on NYSE American, which suspended trading due to low stock price.
How this was made
The 30-second read
Why it matters
If successful, the split may improve share price and liquidity, aiding a potential NYSE American relisting, but risks remain.
Market read
Corporate action primarily affects NUBURU shareholders and OTC market participants; broader market impact is limited.
What to watch
Potential delays in FINRA processing and the pending NYSE American appeal could hinder the intended benefits.
Background
NUBURU (OTC: BURU) was delisted from NYSE American due to sub-$0.10 price; the reverse split aims to remedy this.
Ticker impact
NUBURU announced a 1-for-40 reverse stock split effective Sep 1, 2026 to address NYSE American low-price rules and aim to resume listing.
Short-term volatility expected; price could rise modestly if split succeeds, but no guarantee of sustained increase.
Corporate actions of this nature typically cause a brief price bump, but the ultimate effect depends on successful NYSE American reinstatement.
Market effects
May set a precedent for other low-priced OTC stocks seeking NYSE American relisting.
Limited to U.S. OTC and small-cap investors.
Minimal global impact.
Counterpoint
The split could be a cosmetic fix; underlying business challenges may keep the stock depressed.
Key entities
- ExecutiveAlessandro Zamboni
Executive Chairman and Co-CEO of NUBURU, quoted on the reverse split rationale.
