NUBURU, Inc. announced on January 23, 2025, that it has successfully resolved the deficiencies identified by the NYSE American Market on November 18, 2024. These deficiencies related to the company having an insufficient number of independent directors on its Audit Committee.
The company was provided notice by NYSE American Market that it is now compliant with the exchange's continued listing standards. This resolution addresses a key governance requirement for listed companies.
Regaining compliance ensures the continued listing of NUBURU's common stock on the NYSE American Market without the previous concern regarding its audit committee composition.
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