Read today’s shareholder letter: https://tinyurl.com/2d6hbfhu
NUBURU has strengthened its balance sheet, eliminated $16.75 million in debt obligations, achieved two consecutive quarters of positive stockholders’ equity, completed its reverse stock split and advanced the proposed Tekne acquisition following Italian Golden Power authorization.
With Tekne management reporting approximately $135.4 million in adjusted active remaining order value, NUBURU enters its September 10 NYSE American appeal with a fundamentally stronger financial, operational and industrial platform.
The objective is clear: complete the Tekne transaction, accelerate integration and convert strategic progress into sustainable revenue, cash generation and long-term shareholder value.
Execution is underway.
$BURU #Defense #DirectedEnergy #CounterUAS #NYSEAmerican
https://x.com/nuburulasers/status/2095164485807820848