Nuburu is trading at $0.49, -12.22%, after receiving a public warning letter from NYSE American over late disclosure of material information.
- The exchange said future violations that could prompt another warning may instead lead to immediate suspension and delisting proceedings.
- The 70% Tekne acquisition closed October 15, but that positive news has not halted the decline.
- Prior-session volume was 7.68 million shares, versus a 1.36 million 65-day average.