Nuburu announced plans to appeal the NYSE’s determination to delist its common stock to the Listings Qualifications Panel of the Exchange. NYSE Regulation is commencing delisting proceedings in connection with its determination, announced, that the company is no longer suitable for listing pursuant to Section 1003 of the NYSE American Company Guide due to the bid price falling under $.10. In the interim, effective June 14, FINRA’s Department of Market Operations has assigned the symbol “BURU” for quotation and trading of the Company’s stock in the over-the-counter market.
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