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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments