Why BURU rose 26.7% on Oct 7 2026: convertible note cancellation
BURU+26.7%on Wed Oct 7 2026
Nuburu, Inc. was up 26.7% on the day at $1.52, ranked #7 on — its usual five-minute volume, when TapeRank recorded this spike at 04:02 ET during the pre-market session.
THE DAY ON THE LIST · 1 EVENT
- 04:02 ETMOVER · PRE-MARKET
$1.52 · ▲ 26.7% ON THE DAY · — 5M RVOL · RANK #7
JUSTIFIEDCONFIDENCE5/5BURU is up 26.7% after canceling a $15 million convertible note in exchange for returning the Heckler & Koch shares. The liability removal and elimination of conversion dilution are material relative to the roughly $10.3 million market capitalization, while the side letter confirms ongoing warrant and preferred-stock dilution exposure.
WHYA 26.7% move is broadly in line with canceling a liability larger than the company’s market capitalization, though recent preferred-stock and warrant terms create dilution risk.ANALYZED 04:01 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 04:02 ET
LAST1.52DAY▲ 26.7%5 MIN▼ 2.56%5M RVOL—5M $VOL$514KFLOAT*9.3MRANK#7SESSIONPRE-MARKETVWAP1.57HOD1.61LOD1.45OR HIGH—OR LOW—PREV CLOSE1.20PM HIGH1.61PM LOW1.45GAP▲ 25.42% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $1.01, -15.8% on the previous close of $1.20
- 09:39 ETRegular-session low, $0.9555
- 10:17 ETRegular-session high, $1.06
- 15:59 ETLast trade of the regular session, $1.02, -15.0% on the previous close of $1.20
- Volume: 3.2M shares in regular hours, 12.4M before the open
BURU opened at $1.01, down from the previous close, slipped to $0.9555, and then recovered to an intraday high of $1.06 before ending at $1.02. There were no halts, and the regular session remained below the prior close despite the rebound. TapeRank’s read tied the earlier move to the cancellation of a $15 million convertible note in exchange for returning Heckler & Koch shares, which removed a liability and eliminated conversion dilution; the related filing also noted ongoing warrant and preferred-stock dilution exposure.
WRITTEN THU OCT 15 2026 18:02 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 02:29 ETNuburu (BURU) Stock Jumps Over 47% After Hours: What's Driving the SurgeBenzinga
- TUE 17:10 ET8-K — Entry into a Material Definitive AgreementSEC 8-K
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WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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