regulatory
confidence high
sentiment negative
materiality 0.95
NYSE suspends ESS Tech trading and starts delisting over $15M market cap shortfall
ESS Tech, Inc.
- On Oct. 2, 2026, NYSE Regulation suspended trading in ESS Tech's common stock and began delisting proceedings under Section 802.01B.
- NYSE said ESS fell below the continued listing standard requiring average global market capitalization of at least $15,000,000 over 30 consecutive trading days.
- A prior Sept. 24, 2026 NYSE Regulation delisting determination under Section 802.02 remains in effect.
- ESS intends to request a review by an NYSE Board committee within 10 business days; shares may be quoted OTC under GWHT.
- CEO Drew Buckley said ESS continues to pursue strategic transaction opportunities and will keep filing annual, quarterly, and current reports with the SEC.