Nuburu To Implement A 1-For-40 Reverse Stock Split, Effective On September 1, 2026; Action Is Intended To Address NYSE American’s Prohibition On Trading Prices Below $0.10 And Support The Company's Request For Trading To Resume
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Why It Matters
Nuburu is combining 40 of its stock shares into 1 share to make the price higher, because stock exchanges don't allow prices to stay too low. This is a way to keep the company trading on the exchange, but it doesn't change what the company is actually worth.
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