Energy Vault receives NYSE delisting notice for sub-$1 stock price; six months to cure

Energy Vault Holdings, Inc.

Received NYSE notice on April 16, 2025, for failure to maintain minimum $1.00 average closing price over 30 consecutive trading days.
Has six-month cure period; must notify NYSE by May 1, 2025 of intent to cure the deficiency.
Will consider available alternatives to regain compliance, which may require stockholder approval.
Stock continues to trade on NYSE during cure period; no immediate delisting impact.
Company warns inability to cure could lead to delisting risk.

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