Energy Vault Holdings, Inc. (NRGV): Nasdaq/NYSE listing notice — 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.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Energy Vault Holdings, Inc. received a nyse noncompliance notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: noncompliance notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

April 16, 2025, indicating that Energy Vault is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of Energy Vault’s common stock was less than $1.00 over a consecutive 30 trading-day period. Under NYSE rules, Energy Vault has a period of six months from receipt of the notice to regain compliance with the NYSE minimum stock price listing requirement. Energy Vault plans to notify the NYSE by May 1, 2025, of its intent to cure the stock price deficiency and return to compliance with the NYSE continued listing standards. Energy Vault intends

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Energy Vault Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001828536-25-000044

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