NUBURU Has Not Received Proxies That Would Constitute A Quorum And Has Decided To Cancel Its Special Meeting And To Withdraw From Consideration By The Co's Stockholders The Proposals Set Forth In The Proxy Statement

NUBURU, Inc. ("NUBURU" or the "Company") (NYSE:BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has decided to cancel the Special Proxy Statement. The Company has not received proxies that would constitute a quorum and has decided to cancel the Special Meeting and to withdraw from consideration by the Company's stockholders the proposals set forth in the Proxy Statement. The Company has determined to include proposals in its annual meeting proxy statement anticipated to be filed no later than October 31, 2024.