NUBURU to implement 1-for-40 reverse stock split, sets new record date (OTC Markets:BURU)

NUBURU (OTC:BURU) said it will continue its previously announced plan to implement a 1-for-40 reverse stock split of its common stock, and set a new record date for its implementation.
The company said it now expects the split to take place on July 10.
“We are moving the reverse split from July 1 to July 10 to better coordinate with our overall strategic efforts to pursue resuming trading on NYSE and attract larger investors who may not otherwise invest in low-price stock,” said CEO, Brian Knaley.