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NYSE suspends trading and commences delisting proceedings over $15M market cap failure

GWHESS Tech, Inc.

The New York Stock Exchange notified ESS Tech, Inc. on October 2, 2026, that it had suspended trading in the company's common stock immediately and commenced delisting proceedings. The decision was made because the company failed to maintain an average global market capitalization of at least $15 million over a consecutive 30-trading-day period. ESS Tech intends to request a review of this determination within ten business days. Following the suspension, shares are expected to trade in the over-the-counter market under the symbol GWHT, likely resulting in reduced liquidity and further price depression. ESS Tech is a leading provider of non-lithium energy storage solutions.

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