Nuburu faces second NYSE delisting notice in 13 months over $15.2M equity deficit

Filed May 15, 2026 · Period ending May 11, 2026 · ~1 min read

Key Changes

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  Company received NYSE delisting notice for failing to maintain $4M stockholders' equity threshold; reported $15.2M deficit of $15.2 million as of Dec 31, 2025, with liabilities exceeding assets. NYSE granted extension through Oct 29, 2026 under existing compliance plan.

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  Exchanged 71,430 Series A preferred shares with Indigo Capital for warrant exercisable into 4.4M common shares at $0.0001 per share, priced at 30% discount to five-day VWAP. Up to 446,946 additional preferred shares may be exchanged at Indigo's option.

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  Warrant is immediately exercisable through May 2029 with 4.99% beneficial ownership cap limiting exercise pace. Exchange aims to eliminate preferred stock liabilities and improve equity position for NYSE compliance.

  Item 3.02 verify on EDGAR →