SES AI Corporation announced it received a notice from the New York Stock Exchange (NYSE) on August 13, 2026, stating that the exchange has initiated proceedings to delist the company's public warrants. Trading in the warrants has been immediately suspended.
Key Details
- Reason for Delisting: The NYSE's action is due to "abnormally low selling price" levels for the warrants, failing to meet continued listing standards under Section 802.01D.
- Affected Securities: The delisting applies specifically to the company’s public warrants (Ticker: SES WS), which are exercisable for one share of Class A common stock at an exercise price of $11.50 per share.
- Common Stock Unaffected: The company's Class A common stock (Ticker: SES) is not affected by this notice and will continue to trade on the NYSE.