Nuburu is trading 10% down at $0.04 after opening on the OTC Pink Market following its 1-for-40 reverse stock split.

  • The company reiterated that its proposed 70% Tekne acquisition is expected to close during the first half of October 2026.
  • No new announcement directly explains the September 3 decline.
  • Broader markets are higher, so macro sentiment does not appear to be the primary driver.