SES AI Corporation Faces NYSE Delisting Notice

SES AI Corporation Class A ( (SES) ) has provided an update.

On March 7, 2025, SES AI Corporation received a notice from the New York Stock Exchange (NYSE) indicating non-compliance with the listing standards due to its Class A common stock’s average closing price falling below $1.00 over 30 consecutive trading days. The company plans to address this issue within a six-month period by potentially implementing measures such as a reverse stock split, which would require stockholder approval. Despite the notice, SES AI’s stock will continue to trade on the NYSE, and the company remains committed to regaining compliance, ensuring minimal impact on its operations and stakeholders.

More about SES AI Corporation Class A

SES AI Corporation is a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries. Founded in 2012, the company is headquartered in Boston and operates in Singapore, Shanghai, and Seoul. SES AI focuses on powering the future of global electric transportation on land and in the air, utilizing superintelligent AI across its business spectrum, including research and development, materials sourcing, cell design, engineering, manufacturing, and battery health and safety monitoring.

YTD Price Performance: -76.79%

Average Trading Volume: 29,854,374

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $161.1M

For a thorough assessment of SES stock, go to TipRanks’ Stock Analysis page.