secwatch.observer — SEC 8-K summary
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Issuer:     ESS Tech, Inc. (GWH)
CIK:        0001819438
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001628280-24-009999
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESS Tech receives NYSE deficiency notice for average share price below $1.00
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- On March 6, NYSE notified ESS that 30-day avg closing price of $0.94 is below $1.00 minimum listing standard.
- The deficiency notice does not immediately affect listing; ESS has a six-month cure period to regain compliance.
- ESS plans to notify NYSE within 10 business days of intent to cure and may pursue a reverse stock split.
- No impact on ongoing business or SEC reporting requirements; delisting risk remains if not cured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819438/000162828024009999/0001628280-24-009999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819438/000162828024009999/wk-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-009999

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