Late filing
elevated
Filing comparison
Nuburu, Inc. filed its quarterly report late and said it expects a significant change in results
expects significant change in results 3 days past the statutory due date.
(the “Company”) has determined that it will not be able to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Q1 2026 Form 10-Q”) within the prescribed time period for such filing without unreasonable effort or expense. As previously reported by the Company, during the quarter ended March 31, 2026, the Company consummated, among others: (1) the acquisition of all the ownership interests of Lyocon S.r.l. an Italian company; (2) the acquisition of a controlling interest in Orbit S.r.l., an Italian company; (3) the acquisition of an initial 2.9% interest in Tekne S.p.A (“Tekne”), an Italian company, the provision of a €16,692,000 convertible receivable facility…
Evidence
- Anticipates significant change
- Yes
- Days past due date
- 3
- Other periodic reports filed
- Yes
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (the “Company”) has determined that it will not be able to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Q1 2026 Form 10-Q”) within the prescribed time period for such filing without unreasonable effort or expense. As previously reported by the Company, during the quarter ended March 31, 2026, the Company consummated, among others: (1) the acquisition of all the ownership interests of Lyocon S.r.l. an Italian company; (2) the acquisition of a controlling interest in Orbit S.r.l., an Italian company; (3) the acquisition of an initial 2.9% interest in Tekne S.p.A (“Tekne”), an Italian company, the provision of a €16,692,000 convertible receivable facility…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.