Nuburu Completes Equity Offering and Announces Reverse Split

Nuburu ( (BURU) ) has provided an announcement.

On February 17, 2026, Nuburu, Inc. closed a best-efforts public offering of common stock, pre-funded warrants and common warrants that generated approximately $11 million in net proceeds, after fees and expenses, from a $12 million gross raise. The securities were priced at $0.11 per share and accompanying warrant, or $0.1099 for each pre-funded warrant and accompanying warrant, with investors receiving common warrants exercisable for 150% of the number of shares or pre-funded warrants purchased.

The company plans to use the proceeds to advance its business plan and for working capital and general corporate purposes, while agreeing to 60-day restrictions on additional share issuances and a longer bar on variable-rate transactions, alongside 60-day lock-ups by officers and directors. In parallel, Nuburu is executing a 1-for-4.99 reverse stock split expected to become effective after the market close on February 27, 2026, reducing outstanding shares from roughly 550.7 million to about 110.4 million, in order to regain compliance with NYSE American’s $0.10 minimum trading price following a trading halt on February 13, 2026.

Trading in Nuburu’s common stock is anticipated to resume on a split-adjusted basis on March 2, 2026 under the existing “BURU” ticker, with a new CUSIP, and fractional shares rounded up, leaving authorized share counts and shareholder voting power essentially unchanged. The transaction structure, including resale registration commitments and beneficial-ownership caps on warrant exercises, underscores both the company’s near-term capital needs and the exchange-listing risk it faces if the post-split share price again falls below the $0.10 threshold, a scenario that could trigger another halt and eventual delisting, materially affecting liquidity for investors.

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

Nuburu, Inc. is a Denver-based dual-use Defense & Security platform company that is transforming from its origins in laser technology into a broader provider of proprietary directed-energy systems, non-kinetic defense capabilities, mission-critical software and related industrial partnerships. Founded in 2015, it targets high-value defense, security and operational-resilience markets through both organic development and acquisitions.

The company’s strategy centers on leveraging its directed-energy technologies and software to serve defense and security customers while restructuring its balance sheet and capital base. Management highlights recent execution of key agreements and a reduction of about $17 million in legacy obligations and overhead as part of this transformation, positioning Nuburu to pursue growth in its chosen markets.

Average Trading Volume: 30,923,680

Technical Sentiment Signal: Sell

Current Market Cap: $48.3M

Learn more about BURU stock on TipRanks’ Stock Analysis page.