Nuburu is trading at $1.08, up 11.03% after hours; no confirmed catalyst explains the rise.
- September 30 shareholder letter reiterated the proposed Tekne acquisition; closing was expected in the first half of October, subject to remaining steps; no specific October 1 event was announced.
- It discussed the NYSE American appeal and split-adjusted OTC trading; no decision to resume NYSE trading was reported, and neither update is established as the cause.
- Mixed market context does not clearly explain the gain.