$BURUD NUBURU Issues Shareholder Letter on Strategic

New Post Public Reply Private Reply Replies (0) Message Board
trooperstocks
92
$BURUD NUBURU Issues Shareholder Letter on Strategic Progress and NYSE American Appeal

Executive Chairman and Co-Chief Executive Officer Alessandro Zamboni discusses split-adjusted OTC trading, Tekne closing progress and execution of NUBURU’s dual-use Defense & Security platform

DENVER--(BUSINESS WIRE)--NUBURU, Inc. (OTC Pink: BURUD) ("NUBURU" or the "Company", a next-generation dual-use Defense & Security integrated platform company, today issued the following letter to shareholders from Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer.

Dear Fellow Shareholders,

NUBURU common stock is expected to begin trading today on a split-adjusted basis on the OTC Pink Market under the temporary symbol “BURUD,” following the 1-for-40 reverse stock split that became effective at 4:30 p.m. Eastern Time on September 1, 2026. The “D” suffix is expected to remain for 20 business days, after which the common stock is expected to resume trading on the OTC Pink Market under its base symbol, “BURU.” The reverse split is a mechanical change: it reduces the number of shares outstanding and proportionately adjusts the per-share reference price, while the market determines the trading price thereafter. Subject to the fractional-share treatment previously disclosed, it does not by itself change a shareholder’s proportional ownership or create economic value.

The reverse split was undertaken to address price-related considerations in the pending NYSE American appeal; it does not ensure compliance or resumption of trading. We believe shareholder value must come from execution: completing the proposed Tekne transaction, integrating complementary capabilities into one platform, converting opportunities into contracts and cash, and strengthening NUBURU’s capital structure.

NYSE American Process

NUBURU’s common stock remains listed on NYSE American under the symbol “BURU” pending completion of the appeal process, although trading on NYSE American remains suspended. The Company is in active dialogue with NYSE Regulation regarding the path to a potential resumption of trading. Any resumption remains subject to NYSE Regulation’s determination and completion of applicable corporate-action notice procedures. No decision has been made, NYSE Regulation has not provided the Company with a specific sustained post-split trading-price threshold or duration for a potential resumption of trading, and there can be no assurance whether or when trading on NYSE American will resume. We will report material developments as they occur.

Tekne: Closing Progress and Industrial Scale

As detailed in our September 1, 2026 release, NUBURU and the other parties are advancing the remaining steps toward the Company’s proposed acquisition of a 70% controlling interest in Tekne S.p.A. following the Italian Government’s Golden Power authorization on August 5, 2026. Based on current progress, NUBURU expects closing during the first half of October 2026, subject to completion of the remaining closing actions.

That release also reported Tekne management’s preliminary, unaudited review of its customer order portfolio, which indicated approximately $135.4 million in adjusted active remaining order value. That figure is management-derived, represents 100% of Tekne, remains subject to NUBURU’s customary closing verification, is not a measure defined under U.S. GAAP and does not represent recognized revenue, guaranteed future revenue, cash collections or financial guidance. It nonetheless provides a measurable operating benchmark against which shareholders can assess conversion into revenue and cash.

Building One Scalable Platform

Upon closing, Tekne is expected to add industrial depth in special vehicles, defense mobility, electronic systems, EW/CEMA and mission-package integration. NUBURU Defense Italy S.r.l. (“NDI”) is intended to coordinate the Group’s Italian activities and serve as an integration and governance hub, and NUBURU has initiated recruitment for a Chief Platform Officer to lead the common technical roadmap, architecture and cross-company productization. Within NDI, the planned Platform Integration and Software Factory, or “Platform Factory,” would be an integration and productization function rather than a separate manufacturing facility.

Our objective is a repeatable, multi-year model combining software licenses and subscriptions; hardware support, maintenance and upgrades; and integration, engineering and lifecycle services. These are strategic objectives, not contracted revenue or financial guidance.

Persistent Readiness and Strategic Alignment

Security requirements increasingly extend across peacetime, crisis and conflict, requiring persistent situational awareness, resilient communications, operational continuity and rapid adaptation. Allied defense and security investment in the United States and Europe is rising against that backdrop, and the August 2026 U.S. National Security Science and Technology Strategy identifies advanced manufacturing and materials, artificial intelligence and autonomy, communications and networking, directed energy, information management and cybersecurity, sensing and signature management, and space technologies among its priority areas. NUBURU believes its dual-use, multi-layer and multi-domain roadmap is directionally aligned with several of these themes. This is the Company’s own assessment and does not constitute government endorsement, qualification, an award, an order or a funding commitment, and our opportunity depends in each case on customer priorities, procurement, competition, funding and execution.

What Shareholders Should Measure

Tekne — closing the proposed transaction, implementing governance, and reporting disciplined conversion of orders into revenue and cash;

Platform execution — forming and operationalizing NDI, recruiting the Chief Platform Officer, advancing the Platform Factory and securing customer validation and contractual awards; and

Financial and capital-markets discipline — liquidity, capital allocation, dilution management and transparent updates regarding the NYSE American appeal.

Thank you for your patience and engagement. We believe NUBURU is assembling a strategically relevant platform as defense, infrastructure and digital-resilience needs converge. We also know that belief does not create value. We ask to be evaluated by milestones, contracts, revenue, cash and disciplined delivery — not by the arithmetic of a reverse split or a single trading day.

Sincerely,

Alessandro Zamboni

Executive Chairman and Co-Chief Executive Officer 

Nuburu Inc. (BURU) Stock Research Links

BURU Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Hidden Costs of Lineworker and CDL Training in California

Updated Category News Views 71

The True Financial Picture of Skilled Trade Programs Ever wonder why that flashy tuition number doesn't line up with your wallet by the end of your training days? That's the reality smashing aspiring lineworkers and future truck drivers in Northern California right in the face. We're talking about a full breakdown here, beyond what the glossy brochures ever tell you....

Continue Reading
Ember Stays Tops 2026 Rankings for St. George Rentals

Updated Category News Views 71

Ember Stays Takes the Crown in St. George Another day, another accolade for Ember Stays, folks. This time, they’ve snagged the #1 spot in Airbtics’ latest ranking among 28 players in the St. George vacation rental scene. Not too shabby, considering the earlier nod from Manager Review in June. Let's just say, this outfit's not here to mess around. What Makes Ember...

Continue Reading
SHOPLINE's Pitch Day: 14 Brands in the Spotlight

Updated Category News Views 87

SHOPLINE's Los Angeles Event Highlights Emerging Brands Flip the calendar back to October 1, and you'll find me soaking in the scene at the sprawling halls of SHOPLINE and Plug and Play’s latest event. This wasn’t your run-of-the-mill networking affair; it was a caffeine-fueled, adrenaline-pumping showcase of 14 up-and-coming consumer brands. Now, if there's one thing...

Continue Reading
Bluevua Triumphs with Three BASA Awards Wins

Updated Category News Views 24

Bluevua Sweeps the 2026 BASA Awards Stacking accolades like old trading wins, Bluevua just clinched not one, not two, but three 2026 Best of America Small Business Awards (BASA Awards®). If that's not a feather in their cap, I don't know what is. For the uninitiated, these BASA nods are no small potatoes—they're like the Oscars for small businesses. Bluevua, known for...

Continue Reading
Silvercorp Updates El Domo Budget Amid Challenges

Updated Category News Views 141

Budget Pains for Silvercorp's El Domo Project Folks, if you thought navigating the stock market was a minefield, try mining these days. Silvercorp Metals Inc. had to bump up its budget for the El Domo project in Ecuador—again. This time by $14.6 million. What's causing this fiscal heartache? Everything from rising diesel prices thanks to Ecuador playing games with...

Continue Reading
Chicken Salad Chick Expands in Minnesota, Opens New Location

Updated Category News Views 126

Chicken Salad Chick Spreads its Wings in Minnesota There's something special cooking in Maple Grove, and it's not just another batch of chicken salad. Come November 17, Chicken Salad Chick is opening its second location in the state at The Fountains at Arbor Lakes. A fast-casual concept that's all about that Southern flair, this joint is ready to dish out not just...

Continue Reading
Endava's Stock Takes a Hit Amidst Legal Woes

Updated Category News Views 68

Endava's Rough Ride in the Courts Nothing like a financial soap opera to jolt the market awake. Endava's stock, NYSE:DAVA, took a nasty tumble—down 24.37%—following news that their Chief Financial Officer was put on ice amid an investigation. Investors now find themselves tangled in a securities lawsuit, filed by Glancy Prongay Wolke & Rotter LLP, accusing the company...

Continue Reading
DraftKings Faces Scrutiny Over AI Use in Promotions

Updated Category News Views 35

DraftKings Under the Legal Microscope So here's a doozy that’s rattling through Beantown: DraftKings, the sportsbook titan, might be walking on financial eggshells thanks to their bold use of artificial intelligence. Shapiro Haber & Urmy, a doughty Boston legal jockey, is giving the high sign to users about a consumer class action investigation involving DraftKings'...

Continue Reading
High School Interns Shine at SecurityBakeoff Project

Updated Category News Views 76

Teen Talent Takes Center Stage at QED Would you trust a group of high schoolers with your cybersecurity needs? Well, turns out it might not be such a bad idea. QED Secure Solutions has turned the spotlight on three brilliant young interns who are leading the charge on a project called SecurityBakeoff. It's not just another classroom exercise—these teens are creating...

Continue Reading
Flexcompute's Physics Twin Revolutionizes Space Docking

Updated Category News Views 96

There's a new player shaking up the space game, and it's called the Physics Twin. Flexcompute, a trailblazer in AI-driven physics modeling, just rolled this out to help figure out how thruster plumes mess with nearby spacecraft. Trust me, this ain't your garden-variety simulation tool. Why Thruster Plumes Matter If you're in the business of dancing spacecraft around each...

Continue Reading

Top 5 Most Recently Viewed Articles

Screen Education Launches Innovative AI Self-Training Method

Updated Category News Views 150

Revolutionizing Corporate Training with AI Self-Training In today's fast-paced work environment, developing job-critical skills efficiently is vital. Screen Education has introduced an innovative training method known as AI Self-Training. This approach empowers employees to take charge of their learning by utilizing AI chatbots as personalized research assistants and...

Continue Reading
Revolutionizing Prenatal Care: Pulsenmore's FDA Approval News

Updated Category News Views 156

Introduction to Pulsenmore's Innovative Technology Pulsenmore Ltd. is making significant strides in the healthcare sector by transforming prenatal care with groundbreaking technology. Recently, the company announced that the U.S. Food and Drug Administration (FDA) has granted De Novo marketing authorization for its new product, the Pulsenmore ES. This home-use prenatal...

Continue Reading
Emirates Expands Boeing 777-9 Fleet with GE9X Engine Deal

Updated Category News Views 239

Emirates and GE Aerospace Strengthen Their Partnership In a significant move for the aviation industry, Emirates has announced a deal with GE Aerospace for the procurement of 130 GE9X engines. This order is set to empower the airline's expanding fleet of Boeing 777-9 aircraft, reaffirming Emirates' position as a leading player in the aviation sector. Details of the...

Continue Reading
Critical Claims Investigation: Allarity Therapeutics Investor Alert

Updated Category News Views 74

Introduction: Understanding the Situation at Allarity Therapeutics In the world of investing, timing and information can make all the difference. Current events surrounding Allarity Therapeutics, Inc. (NASDAQ: ALLR) have drawn the attention of investors and legal experts alike. Faruqi & Faruqi, LLP is taking a closer look at the potential claims affecting shareholders who...

Continue Reading
TECO Partners with BRIST to Launch Innovative EV Solutions

Updated Category News Views 399

TECO Expands EV Solutions in Europe TECO Electric & Machinery Co., Ltd. (TWSE1504) has made a significant move in the European market by partnering with Italy's esteemed axle manufacturer BRIST. This collaboration aims to introduce integrated e-axle solutions at Busworld Brussels, marking an exciting new chapter for TECO in the realm of electric vehicles. A Strategic...

Continue Reading