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Nuburu, Inc. announced on September 16, 2026, that its Board and management concluded previously issued unaudited…
BURUNuburu, Inc.
Nuburu, Inc. announced on September 16, 2026, that its Board and management concluded previously issued unaudited financial statements for the three and six months ended June 30, 2026, should no longer be relied upon due to material misstatements. The error involved using an incorrect equity value of €15.2 million instead of €25.4 million to fair-value a convertible note receivable from Tekne S.p.A. Correcting this input increased the asset's fair value by $761,001, raising total assets by that amount. The company will restate these financials in an amendment to its Q2 2026 Form 10-Q. Nuburu, Inc. operates in the semiconductor and advanced manufacturing equipment industry.