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BURU News3 articles
Nuburu Shares Plunge 39% on Dilution Fears from Preferred Stock
Nuburu shares dropped 39% after concerns over dilution from a $73.4 million preferred stock issuance, which dwarfs its $16.3 million common equity market cap.
Nuburu Shares Halted After 39% Plunge on $38M Offering and Severe Dilution Fears
Nuburu shares halted at $0.0727, down 39.2%, after announcing a $38M offering that could nearly double the share count, with 44% of proceeds going to debt repayment.
BURU Stock Gains on Defense Shift and New Telecom Orders
Nuburu shares rose 8% premarket to $0.1841 after its Orbit unit reported $240,000 in telecom-infrastructure orders and $825,000 in potential pipeline, but the stock remains high-risk as NYSE American compliance and financing challenges persist.