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NUBURU Regains Compliance With NYSE American Listing Standards

The company remains subject to NYSE Regulation monitoring. A renewed deficiency within 12 months after its compliance plan ends could lead to shorter procedures or immediate delisting proceedings.

A sealed envelope rests on a granite ledge outside an exchange / TokenPost.ai
A sealed envelope rests on a granite ledge outside an exchange / TokenPost.ai

NUBURU, Inc. said Thursday it received formal notice from NYSE American confirming it had regained compliance with continued-listing standards, while NYSE Regulation will continue monitoring the company.

NUBURU remains subject to NYSE Regulation’s continued-listing monitoring procedures and must maintain compliance with applicable standards.

If NYSE American again finds NUBURU below a listing standard within 12 months after its compliance plan ends, it will examine how the incidents relate and reevaluate NUBURU’s method of financial recovery from the first incident. The exchange may then shorten compliance procedures or immediately begin delisting proceedings.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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