SES AI receives NYSE notice over sub-$1.00 share price; stock stays listed
SES AI Corp received a notice from the New York Stock Exchange on July 17, 2026, stating its Class A common stock fell below the $1.00 minimum average closing price over 30 consecutive trading days. The notice does not trigger immediate delisting, and the company has six months to regain compliance and says it intends to respond to the NYSE within 10 business days.
- NYSE notice received July 17, 2026 under Section 802.01C of the NYSE Listed Company Manual
- Company has six months from receipt of the notice to regain compliance by meeting a $1.00 closing and 30-day average price test
- Class A common stock continues to trade on the NYSE during the cure period
- Company may consider alternatives, including a reverse stock split that would require a stockholder vote