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SES AI Corporation received a notice from the New York Stock Exchange on July 17, 2026, stating the company is not in…
SES-WTSES AI Corp
SES AI Corporation received a notice from the New York Stock Exchange on July 17, 2026, stating the company is not in compliance with Section 802.01C of the NYSE Listed Company Manual. The non-compliance is due to the Class A common stock's average closing price falling below $1.00 over a consecutive 30-trading-day period. The company intends to notify the NYSE of its plan to regain compliance within ten business days and may consider alternatives, such as actions requiring stockholder approval, to cure the deficiency during the six-month cure period. SES AI is a developer and manufacturer of AI-enhanced Li-Metal and Li-ion batteries.