NUBURU to Appeal NYSE Commencement of Proceedings to Delist
NUBURU INC (BURU)
Company Research
Source: Business Wire
CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, announced plans today to appeal the NYSE's determination to delist its common stock to the Listings Qualifications Panel of the Exchange. NYSE Regulation is commencing delisting proceedings in connection with its determination, announced today, that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the bid price falling under $.10.In the interim, effective June 14, 2024, FINRA’s Department of Market Operations has assigned the symbol “BURU” for quotation and trading of the Company’s stock in the over-the-counter market (OTC Markets).NUBURU's CEO, Brian Knaley, stated, “It is unfortunate that NUBURU is having to contend with this at a time when it is successfully reducing debt, raising capital, taking on new orders, and receiving
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News
- NUBURU to Appeal NYSE Commencement of Proceedings to Delist [Yahoo! Finance]Yahoo! Finance
- NUBURU, Inc. CEO Brian Knaley Outlines Strategic Vision and Growth Milestones in Shareholder Letter [Yahoo! Finance]Yahoo! Finance
- NUBURU, Inc. CEO Brian Knaley Outlines Strategic Vision and Growth Milestones in Shareholder LetterBusiness Wire
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