SES AI receives NYSE non-compliance notice for average closing price below $1.00

SES AI Corp

Received NYSE notice on July 17, 2026; average closing price below $1.00 over 30 consecutive trading days.
Six-month cure period; can regain compliance if closing price >= $1.00 on last trading day of any month and 30-day average >= $1.00.
Company will respond within 10 business days; may consider reverse stock split or other actions requiring stockholder approval.
Class A common stock continues to trade on NYSE during cure period, subject to other listing standards.

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