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