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NUBURU Advances Toward Strategic Transformation as NYSE American Accepts Compliance Plan

NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) is pleased to announce that NYSE American LLC has accepted the Company’s plan to regain compliance with continued listing standards, granting an extension through October 29, 2026. This milestone supports NUBURU’s ongoing strategic transformation into a leader in defense-tech and operational resilience through its Defense & Security Hub initiative, bolstered by its planned acquisition of the controlling interest of Tekne S.p.A. (“Tekne Strategic Investment”) and debt recapitalization efforts.

On April 29, 2025, NYSE American notified NUBURU of non-compliance with Section 1003(a)(i) of the NYSE American Company Guide due to a stockholders’ deficit of $(37.8) million as of December 31, 2024, and losses in the two most recent fiscal years. Following a thorough review of the Company’s May 29, 2025, plan and financial projections, NYSE Regulation has approved the plan, allowing NUBURU to continue its listing while executing key initiatives, including:

  • Strategic acquisitions: Advancing the Defense & Security Hub initiative (which includes the Tekne Strategic Investment and the acquisition of a Software as Service’ business in the space of operational resilience), leveraging Tekne’s €50 million product roadmap, including the “Tactical Bubble” defense products for secure command-and-control networks, currently deployed in Italian military exercises.
  • Debt Recapitalization: Strengthening the Company’s financial position by addressing outstanding preferred stock liabilities and key vendor obligations, enhancing investor attractiveness.
  • Funding the new market positioning of the blue-laser business unit: supporting the go-to-market of NUBURU’s high-performance blue laser technology alongside strategic partnerships and the focus on the defense sector, to drive long-term sustainable growth of such business line.

“This NYSE approval is a critical step in our transformation journey,” said Alessandro Zamboni, Executive Chairman of NUBURU. “It provides the runway to execute our strategic vision, including the Tekne Strategic Investment and debt restructuring, positioning NUBURU as a leader in defense-tech and critical infrastructure markets.”

Update on Tekne Strategic Investment

NUBURU continues to progress toward the acquisition of the controlling interest in Tekne S.p.A., a cornerstone of its Defense & Security Hub initiative. The strategic investment remains subject to the Italian government’s “Golden Power” review, which will be concluded by 25 August 2025. The Tactical Bubble, a key Tekne product, enhances Italy’s defense modernization by countering threats like drones and electromagnetic warfare, aligning with NUBURU’s mission to deliver innovative, high-value solutions.

NYSE Compliance and Next Steps

NUBURU will provide quarterly updates to NYSE Regulation staff in conjunction with its SEC filings and key milestones. If the Company does not regain compliance by October 29, 2026, or fails to make progress consistent with the plan, NYSE Regulation may initiate delisting proceedings. For additional details, including the mandated disclaimer, please refer to the Company’s Form 8-K filed concurrently with this announcement on the SEC’s EDGAR system.

About NUBURU

Founded in 2015, NUBURU, Inc. has developed and previously manufactured industrial blue laser technology. Under a renewed strategic vision led by Executive Chairman Alessandro Zamboni, the Company is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience. NUBURU is leveraging a combination of internal innovation and strategic acquisitions to build out its Defense & Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.

For more information, visit www.nuburu.net.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements, identified by words such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast,” or their negatives or variations. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including but not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through foreclosure; (3) failure to achieve expectations regarding business development and acquisition strategy; (4) inability to access sufficient capital; (5) inability to realize anticipated benefits of acquisitions; (6) changes in applicable laws or regulations; (7) adverse economic, business, or competitive factors; (8) financial market volatility due to geopolitical and economic factors; and (9) other risks detailed in the Company’s SEC filings, including its most recent Form 10-K or Form 10-Q. These filings address additional risks that could cause actual results to differ from those in the forward-looking statements. Readers should not place undue reliance on these statements, which speak only as of the date they are made. NUBURU undertakes no obligation to update or revise these statements, except as required by law.

Source: NUBURU, Inc.

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