Nuburu says Q2 2026 financials no longer reliable, to restate after $761,001 valuation error
BURU•Impact on asset values
The restatement will lift asset values by $761,001, tied to a higher fair value for the Tekne Convertible Note Receivable.
Restatement triggered by accounting error
Nuburu said it has flagged a material accounting error and will restate its previously issued unaudited condensed consolidated financial statements for the quarter ended June 30, 2026.
The company said its board and audit committee concluded the quarterly financials should no longer be relied upon.
