Nuburu, Inc. (BURU) Stock: Surges as Reverse Split Targets NYSE American Listing Rules

TLDR Nuburu stock gains 2.56% as a 1-for-40 reverse split moves toward effect soon. BURU targets NYSE American price rules with a 1-for-40 reverse stock split. Nuburu expects BURUD trading to begin on September 2 after the reverse split. The reverse split could cut Nuburu’s outstanding shares to about 9.26 million. Nuburu’s NYSE American appeal [...]

The post Nuburu, Inc. (BURU) Stock: Surges as Reverse Split Targets NYSE American Listing Rules appeared first on Blockonomi.