Exhibit 99.1
NUBURU Announces NYSE American Removal of Trading Suspension
Centennial, Colo. July 30, 2024, (BUSINESS WIRE) NUBURU, Inc. (NUBURU or the Company) (OTC: BURU), a leading innovator in
high-power and high-brightness industrial blue laser technology, today announced that, on July 29, 2024, it received a notification from NYSE American LLC (NYSE American) informing Nuburu that it has resolved the continued listing
deficiency with respect to low selling price as described in Section 1003(f)(v) of the NYSE American Company Guide. As a result, the staff of NYSE Regulation has withdrawn its delisting determination and will be lifting the trading suspension
on Nuburus common stock on NYSE American. The common stock will commence trading on NYSE American on Friday, August 2, 2024 under the symbol BURU and CUSIP 67021W301.
About NUBURU
Founded in 2015, NUBURU, Inc. (OTC: BURU)
is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive
manufacturing of copper, gold, aluminum, and other industrially essential metals. NUBURUs industrial blue lasers produce minimal to defect-free welds up to eight times faster than the traditional approaches all with the flexibility
inherent to laser processing. For more information, please visit www.NUBURU.net.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including relating to its partnership with GE Additive. All statements other than statements of historical
fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including may, should, expect,
intend, will, estimate, anticipate, believe, predict, plan, seek, targets, projects, could, would,
continue, forecast or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things: anticipated benefits associated with laser-based
additive manufacturing. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All
forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the Companys actual results to differ materially
from current expectations which include, but are not limited to: (1) the ability to meet security exchange listing standards and regain listed status; (2) failure to achieve expectations regarding its product development and pipeline;
(3) the inability to access