Nuburu is trading at $0.06 (+20.38%) after Italian government clearance authorized its proposed acquisition of a 70% controlling stake in Tekne.
- The clearance removes the principal regulatory hurdle.
- The transaction still requires remaining funding, governance, corporate, and closing actions.
- Completion is expected within 30 calendar days after the condition is satisfied; the sharp move follows recent micro-cap volatility and appears primarily company-driven.