ESS Tech ( (GWH) ) has provided an announcement.
On March 24, 2025, ESS Tech, Inc. received a notice from the New York Stock Exchange indicating non-compliance with the minimum market capitalization standard, as its average market capitalization and stockholders’ equity were both below $50 million. The notice does not immediately impact the listing of ESS’s common stock or its business operations. ESS plans to submit a compliance plan within 45 days, and if accepted, will have 18 months to meet the standards, during which time its stock will continue to be traded on the NYSE.
More about ESS Tech
ESS Tech, Inc. is a leading manufacturer in the energy sector, specializing in iron flow long-duration energy storage systems for utility and commercial-scale applications. The company focuses on providing sustainable and reliable energy storage solutions that support global decarbonization efforts.
YTD Price Performance: -43.00%
Average Trading Volume: 74,187
Technical Sentiment Signal: Buy
Current Market Cap: $41.11M
Learn more about GWH stock on TipRanks’ Stock Analysis page.