UK 23:23 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Alessandro Zamboni’s Nuburu Inc (US:BURU) is struggling to keep its share price above the American Stock Exchange delisting floor of $0.1, with its shares closing on Friday at $0.1252. This follows a previous trading halt in February 2026. At that time Nuburu executed a 4.99 reverse stock split or consolidation as we call in it in the UK, which was effective on 1 March 2026. This increased the share price but the constant issuance of shares has seen the price dropping. Nuburu can’t perform another reverse split until 2 years after its last 40 for 1 split on 10 July 2024 because the American Stcok Exchange doesn’t allow for more than a 200 for 1 reverse split within a 2-year period.
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