--- title: "Weekly Recap | NUBURU INC this week, 1-for-40 reverse split completed" type: "News" locale: "en" url: "https://longbridge.com/en/news/298096450.md" description: "NUBURU Inc traded for only three sessions this week, opening at $1.50 on Wednesday and closing Friday at $1.30. The intraday range was unusually wide: a high of $2.95 on 2 September, a low of $0.85 on the same day, and a weekly amplitude of 140%. Because there is no previous close before the week, the percentage change cannot be calculated. The S&P 500 rose 0.09% over the same stretch. Day to day, Wednesday saw the sharpest swing, with the stock closing at $1." datetime: "2026-09-05T06:26:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298096450.md) - [en](https://longbridge.com/en/news/298096450.md) - [zh-HK](https://longbridge.com/zh-HK/news/298096450.md) generator: "portal-rs" --- # Weekly Recap | NUBURU INC this week, 1-for-40 reverse split completed ## The Week NUBURU Inc traded for only three sessions this week, opening at $1.50 on Wednesday and closing Friday at $1.30. The intraday range was unusually wide: a high of $2.95 on 2 September, a low of $0.85 on the same day, and a weekly amplitude of 140%. Because there is no previous close before the week, the percentage change cannot be calculated. The S&P 500 rose 0.09% over the same stretch. Day to day, Wednesday saw the sharpest swing, with the stock closing at $1.45 after the wide range; Thursday and Friday settled into a narrower band near $1.28–$1.30, a pull-back followed by consolidation. ## Key Events The week was defined by NUBURU’s 1-for-40 reverse stock split and its effort to return to a larger exchange. On 31 August the company announced the split, framing it as support for a return to trading on NYSE American; the next day it confirmed the split became effective on 1 September. At the same time, NUBURU said it expects to close the acquisition of a 70% stake in Tekne by early October. On 2 September the reverse split was completed, with shares trading on OTC Pink at split-adjusted prices, while the company repeated its NYSE compliance push. The extreme price swings overlapped with these corporate moves. ## The Week Ahead The immediate focus is whether the Tekne deal stays on track toward the early-October target, since no further update has been provided. On the macro side, the US NFIB Small Business Optimism Index lands on Tuesday 8 September, with a prior reading of 99.8. Thursday 10 September is busier, with initial jobless claims, final demand PPI and existing home sales all due. These releases matter mainly as a backdrop for risk appetite; for an OTC name like NUBURU the direct read-through is limited. ## In Short This week’s signals centre on corporate actions rather than operating results: a completed reverse split, a stated path back toward NYSE American, and a pending Tekne acquisition. The stock swung from a high of $2.95 to a close near $1.30, pointing to event-driven volatility rather than a clear trend. Earnings remain negative, with EPS in the red and a price-to-book ratio around 1.29x, so the valuation anchor is thin. The question now is whether the deal timeline holds and whether the exchange relisting path gains more concrete milestones. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [BURUD.US](https://longbridge.com/en/quote/BURUD.US.md) ## Related News & Research - [Earth Science Tech (ETST) Taps into New Verticals with Zoolzy Acquisition](https://longbridge.com/en/news/297674876.md) - [TML Tender Offer - Publication of the Offer Document](https://longbridge.com/en/news/298070476.md) - [Baudroie Announces Amendments to Tender Offer Disclosure by BCPE Neon Cayman](https://longbridge.com/en/news/297968896.md) - [Zinc BidCo stake in Tinexta rises to 90.47% of share capital after market purchases, tender offer](https://longbridge.com/en/news/297674662.md) - [Webdyn buys 209 Adeunis shares at EUR 0.84 during tender offer](https://longbridge.com/en/news/297666936.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**