secwatch.observer — SEC 8-K summary
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Issuer:     Energy Vault Holdings, Inc. (NRGV)
CIK:        0001828536
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001828536-25-000044
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828536/000182853625000044/0001828536-25-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828536/000182853625000044/nrgv-20250416.htm
  HTML page:      https://secwatch.observer/filing/0001828536-25-000044

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