SES AI Receives NYSE Notice Over Minimum Bid Price Non-Compliance

MT Newswires Live

07/20

SES AI (SES) received a notice on July 17 regarding its non-compliance with the New York Stock Exchange's minimum bid price requirement for continued listing, the company said Monday.

SES AI plans to respond to the notice within 10 business days regarding its intent to cure the deficiency and return to compliance with the listing requirement and said its Class A common shares will continue trading on the NYSE.

The company has six months to regain compliance with the rule, according to the statement.

Price: 0.60, Change: -0.04, Percent Change: -6.19

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