SES AI Receives NYSE Non-Compliance Notice Over Sub-$1.00 Stock Price

SES AI Corporation announced it received a notice from the New York Stock Exchange (NYSE) on July 17, 2026, for non-compliance with the exchange's continued listing standards. The company's stock is not being immediately delisted, and it has a six-month period to regain compliance.

Key Details

• Reason for Non-Compliance: The average closing price of the company’s Class A common stock fell below $1.00 over a consecutive 30-day trading period, violating NYSE Section 802.01C.
• Cure Period & Plan: The company has a six-month period to regain compliance. It intends to notify the NYSE of its plan to cure the deficiency and will consider all available alternatives, including a potential reverse stock split.
• Trading Status: The company's Class A common stock (SES) will continue to trade on the NYSE during the cure period, subject to compliance with other listing standards.