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Nuburu ( (BURU) ) has shared an update.
On October 6, 2025, Nuburu, Inc. entered into a binding letter of intent to acquire 100% of Orbit S.r.l., an Italian software company specializing in digitalizing operational resilience solutions for mission-critical corporations. This acquisition, involving a related party transaction with Alessandro Zamboni, Nuburu’s Executive Chairman and Co-CEO, is expected to enhance Nuburu’s market position in the defense sector. The agreement includes a $5 million investment in Orbit and a total consideration of $12.5 million, with the acquisition anticipated to close by December 31, 2026. Additionally, on October 1, 2025, Nuburu appointed Alessandro Zamboni and Dario Barisoni as Co-CEOs, leading to a non-compliance notice with the NYSE due to audit committee composition requirements. The company is actively seeking new independent directors to regain compliance.
Spark’s Take on BURU Stock
According to Spark, TipRanks’ AI Analyst, BURU is a Underperform.
Nuburu’s overall stock score reflects significant financial instability, with weak income and cash flow performance, a concerning balance sheet, and poor technical indicators. However, the recent strategic partnership with HUMBL offers a potential growth avenue, partially offsetting negative financial metrics.
To see Spark’s full report on BURU stock, click here.
More about Nuburu
Average Trading Volume: 50,391,267
Technical Sentiment Signal: Sell
Current Market Cap: $33.71M
For an in-depth examination of BURU stock, go to TipRanks’ Overview page.