Preliminary May 31 data suggests stockholders’ equity materially exceeds the $4M continued-listing requirement.
Management says equity issuances helped reduce debt and preferred-share obligations while funding its transformation strategy.
NYSE American has not yet confirmed compliance, and the company remains under its current plan through Oct. 29, 2026.
More on its turnaround efforts here ???? https://zacks.com/stock/quote/BURU?cid=sm-sto...W_OC_38573