secwatch.observer — SEC 8-K summary
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Issuer:     Energy Vault Holdings, Inc. (NRGV)
CIK:        0001828536
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001828536-24-000175
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Vault notified by NYSE of non-compliance due to stock price below $1.00 for 30 days
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- NYSE notified Energy Vault on Sept 13, 2024, that average closing price was below $1.00 for 30 consecutive trading days.
- Company has six months from notice to regain compliance by achieving closing price of at least $1.00 on last trading day of any month and 30-day average.
- Energy Vault intends to notify NYSE by Sept 27, 2024, of its plan to cure the deficiency and will consider alternatives requiring shareholder approval.
- Stock will continue to trade on NYSE during cure period subject to compliance with other listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828536/000182853624000175/0001828536-24-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828536/000182853624000175/nrgv-20240913.htm
  HTML page:      https://secwatch.observer/filing/0001828536-24-000175

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