SES AI Corporation announced on February 3, 2025, that it received a letter from the New York Stock Exchange (NYSE) confirming it has regained compliance with the exchange's continued listing criterion for minimum share price. This resolves the previous non-compliance notice issued in September 2024.
The company successfully met Section 802.01C of the NYSE Listed Company Manual, which requires a minimum average closing price of $1.00 per share over a 30-consecutive trading day period. This achievement ensures SES AI's continued listing on the NYSE.
Regaining compliance is a positive development for the company, removing uncertainty regarding its stock exchange listing. It reflects a stabilization in the company's share price and alleviates concerns about potential delisting.
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